GAM Holding Could be Terra's White Knight

Status
Not open for further replies.

Senzawa

Elite
f23283d4d622a4f8e80b25dd1b8f6a5a.png


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.

Source
You do not have permission to view the full content of this post. Log in or register now.
 
Status
Not open for further replies.

About this Thread

  • 1
    Replies
  • 904
    Views
  • 2
    Participants
Last reply from:
Chibitzki

Online now

Members online
1,106
Guests online
1,163
Total visitors
2,269

Forum statistics

Threads
2,273,809
Posts
28,951,896
Members
1,234,967
Latest member
hunterzz007
Back
Top