News Swiss asset manager GAM Holding said on Friday it is negotiating with Terra developer Terraform Labs to potentially support its UST stablecoin. GAM said it could possibly invest between $2 billion and $3 billion to burn excess supply of UST, as the token gets dumped. GAM intends to help Terra re- establish the UST peg back...
May 13 2022
Breaking: Terra In Talks For Bailout With Swiss Asset Manager GAM
| published by | Ambar Warrick |
|---|---|
| in blog | Coingape |
| original entry | Breaking: Terra In Talks For Bailout With Swiss Asset Manager GAM |
altcoin news asset manager news terra (luna)
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