Luna Foundation Guard adds $100 million BTC to UST reserves
The Luna Foundation Guard (LFG), the entity that acts as a resolve protocol for the algorithmic stablecoin UST, has added another $100 million in bitcoin (BTC) to its wallet.
LFG’s wallet now contains $1.7 billion in BTC, $549.84 million in other USD-denominated stablecoins, and $14.74 million in Terra. This makes the LFG wallet the 19th largest in total holdings.