GAM Holding Could be Terra's White Knight

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Senzawa

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Leading asset manager You do not have permission to view the full content of this post. Log in or register now. is pleased to announce that it is negotiating with Terraform Labs (Terra) to help support its Luna stablecoin (UST). GAM is expected to invest between $2 billion and $3 billion to absorb excess supply of UST during its current selloff. The move seeks to re-establish UST's peg to the US dollar.

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