$3.5 billion bet: Bitcoin could become a reserve currency for crypto

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A news outlet just intimated that Crypto project is buying billions in bitcoin in order to support UST, this is one of the best stablecoins out there.

The main reason for this is that Terra CEO believes that bitcoin could become a reserve currency for other coins.

But now, the UST, which was initially pegged to be equivalent to $1 has dropped.

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