By Joseph Branch in Blockchain —

Bitcoin could become the reserve currency of a new era

Bitcoin could become the reserve currency of a new era
Photo by Bermix Studio / Unsplash

Terraform, which plans to buy $10 billion worth of bitcoins to support TerraUSD, has started it. According to a Terraform spokesman, steibcoin, backed by bitcoin reserves, "will usher in a new monetary era of the bitcoin standard.