Terra buys $200M in AVAX for reserves as rival stablecoins emerge

by Aurelia Butler 8 April 2022, 06:20 139 Views

TFL, the company responsible for the development of the Terra blockchain, swapped $100 million worth of Terra’s native token, LUNA for AVAX tokens, in order to “strategically align ecosystem incentives”, according to Terra’s twitter.

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Terra buys $200M in AVAX for reserves as rival stablecoins emerge

RBNZ to raise rates by 25 bps on April 13, some call for 50- Reuters poll

Analysis-BOJ's bet on career pragmatist sets bank up for post-Kuroda era

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