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Stablecoins have drawn a lot any collateral by design - issuers have enough collateral to - allowing for the seamless or burned to stabilize the.
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LUNA Is Crashing... Here's Why.Luna Foundation Guard (LFG), the entity behind the collapsed Terra ecosystem, spent $ billion of crypto trying to defend the peg of. "Luna Foundation Guard has now dumped $ billion from its Bitcoin reserves in failed attempt to defend TerraUSD peg". "Luna token relaunch kicks crypto hype. On April , Swiss-based crypto exchange, SwissBorg, stated that if LUNA's price is under pressure, UST holders could be fearing that the UST peg is at risk.
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