LFG to lend $1.5B in BTC and UST to protect the UST peg
Amid the ongoing massive crypto market volatility, nonprofit organization Luna Foundation Guard or LFG has announced that it is accelerating its goal to support blockchain innovators by offering a loan worth $1.5 billion for protecting its stablecoin peg.
LFG brings loan worth $1.5B to maintain UST stability
The LFG said this Monday that it will lend out $750 million worth of Bitcoin (BTC) to Over-the-counter (OTC) trading firms to protect the UST peg and 750 million UST from accumulating BTC as market conditions normalize.As market conditions improve, traders will exchange money on both sides of the market to assist in accomplishing both offerings, finally maintaining parity of the LFG Reserve pool (denominated in BTC).
Notably, the algorithmic stablecoin tied to Terra crypto ecosystem, UST, recently experienced notable directional flow over the weekend, going below its expected $1 position, accompanied by similar volatility in both LUNA and BTC. However, it soon recovered from the sudden slip and is currently trading at $0.996 at the time of publication.
Via a Twitter thread, LFG said it is "prudent to prepare for potential future volatility." The organization added that it will "proactively defend the stability of the $UST peg & broader Terra economy, especially under volatility and the uncertainty of macro conditions in legacy markets."
Building a solid stablecoin reserve
In February, LFG raised $1 billion to create a Bitcoin-based reserve that would act as a backstop for UST's peg. The organization's stablecoin dethroned the Binance USD (BUSD) to become the third-largest stablecoin as a result of its constant efforts.The Luna Foundation is noted for its Bitcoin bullishness. It spent $1.5 billion last week to buy 37,863 BTC. As of earlier this week, LFG has more than $3 billion in bitcoin in its reserve, putting it on track to gather $10 billion in stablecoin reserves by the end of Q3 2022.
Continue reading by joining Cryptonary Pro
$1,548 $1,197/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund. Terms
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
3X Value Guarantee
If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the 3X Value Guarantee work?
We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.
TermsRecommended from Cryptonary
