Originally published at: https://www.channel-sea.cc/luna-foundation-guard-launches-1-billion-terraust-stablecoin-reserve-fund-luna-jumps-over-10-coincheckup/
The Luna Foundation Guard (LFG), a non-profit organization launched earlier this year to ensure the stability of the Terra USD (UST) stablecoin peg and boost the Terra ecosystem’s growth, has raised $1 billion for a UST reserve fund.