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Do Kwon, CEO of Terraform Labs, reveals a plan to reinstate the UST peg

Do Kwon, CEO of Terraform Labs, has laid out his strategy for helping the stablecoin TerraUSD (UST) reclaim its dollar peg. He stated.

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To preserve the stablecoin peg, the Luna Foundation Guard will lend $1.5 billion in BTC and UST

The Luna Foundation Guard (LFG) said on Monday that it will lend hundreds of millions of dollars in bitcoin and the stablecoin UST.

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