Terra Chooses Avalanche Over Ethereum To Back Stablecoin Reserve

Last updated: June 9, 2025, 05:08

Terra Chooses Avalanche Over Ethereum To Back Stablecoin Reserve

Terra has integrated Avalanche tokens

LFG, una organización sin ánimo de lucro encargada de crear reservas para la stablecoin algorítmica de Terra, TerraUSD (UST), utilizó sus propios holdings de UST para

Terra has integrated Avalanche tokens alongside Bitcoin as part of its UST reserve strategy, allying with the popular 'Ethereum killer'

Terra Opts for AVAX, Acquires $200 Million Worth of Tokens

Terra has bought

Terra chooses Avalanche over Ethereum to back stablecoin reserve

Terra, who firmly grabbed the attention of the cryptocurrency and DeFi world by committing to buy $10 billion in bitcoin to build a reserve for its native UST stablecoin is

Terra has bought $100 million worth of Avalanche’s AVAX as a reserve asset for its algorithmic stablecoin, UST.

Terra expands stablecoin reserve beyond Bitcoin with Avalanche

Terra brings massive upgrade: Plans to include Avalanche (AVAX)

Terra expands reserve for UST beyond Bitcoin, buys $100 million

Terra

Terra Foundation is set to acquire a huge chunk of AVAX tokens in order to back its stablecoin UST; The Foundation was previously on a hunting spree for Bitcoin as it

Terra compra USD 200 millones en AVAX para reforzar sus

Terra's UST stablecoin is already backed by a Bitcoin reserve that could eventually reach US$10 billion. The firm added another US$230 million in Bitcoin on

Near Protocol

Near Protocol, a layer-1 blockchain and competitor to both Ethereum and Terra, is rumored to be releasing a stablecoin called USN which will reportedly also offer a

Terra Teams up With Avalanche to Take Over Stablecoin Market

The Lunda Foundation Guard, which is responsible for backing Terra’s stablecoin USDT by building up the treasury reserves, acquired $100M in AVAX by swapping

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