Terra’s parent entity Luna Foundation Guard (LFG) has been on a massive Bitcoin acquisition spree to peg BTC to its stablecoin UST. Terraform Labs founder Do Kwon recently said that he’s even willing to become the second-largest Bitcoin holder after Satoshi Nakamoto. However, many people are raising concerns over future liquidity amid this heavy accumulation The post Terra Founder Addresses Concerns on Any Loss of Bitcoin Peg to UST Stablecoin appeared first on CoinGape.
