The fresh funding will go towards a new reserve to help strengthen the peg for the UST stablecoin.
Source
Related posts
-
Stablecoin Frenzy: USDE Nears $6B as USD0 Rockets Past $1B in Market Supply
Over the past month, the stablecoin market has swelled... -
Best Wallet Raises $5M in New Crypto Presale, Expert Predicts 10x Potential
The Best Wallet ($BEST) token presale continues to attract... -
Crypto hedge funds set records, Saylor proposes Bitcoin reserve, Riot Platform raises over $594m | Weekly Recap
Crypto hedge funds post exceptional returns, Riot secures massive funding, and North Korean hackers set new...