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Luna Foundation Guard Lends $1.5B in BTC and UST for Stablecoin Peg

The move comes after UST briefly lost its peg to the U.S dollar over the weekend.

Updated May 11, 2023, 4:44 p.m. Published May 9, 2022, 6:06 a.m.
Terra co-founders Daniel Shin and Do Kwon (Terraform Labs)
Terra co-founders Daniel Shin and Do Kwon (Terraform Labs)