TerraClassicUSD Price (USTC)

$0.056

0.00000277 BTC

6.27%

Low:$0.0535
High:$0.061
Market Cap

$574,488,271

28,427 BTC
Fully Diluted Market Cap

$574,488,268

28,427 BTC
Volume 24h

$289,234,374

14,312 BTC
Circulating Supply

10,254,324,422 USTC

Max Supply
--
Total Supply

10,254,324,366 USTC

Links:
Website, Explorers, Whitepaper
Tags:
Avalanche Ecosystem Fantom Ecosystem
TerraClassicUSD's Logo TerraClassicUSD USTC
$0.056

TerraClassicUSD (USTC) Chart

×

TerraClassicUSD (USTC) Return On Investment(ROI)

-0.57% 1 H
-6.55% 24 H
11.80% 7 D
241.97% 1 Month
-94.43% 6 Month
-94.40% 1 Year
Details
Mineable No
Algorithm ECDSA secp256k1
ProofType PoS(Tendermint)
Issue Price --

TerraClassicUSD (USTC) Price Now

TerraClassicUSD price today is $0.056 with a 24-hour trading volume of $289,234,374. USTC price is down -6.55% in the last 24 hours. It has a circulating supply of 10.25Bil USTC tokens and a total supply of 10.25Bil. In order to explore addresses and transactions, you may use block explorers such as

What Is TerraClassicUSD(USTC)?

TerraClassicUSD(USTC) is decentralized stablecoin that is scalable, yield bearing and interchain. Terra stablecoins offer instant settlements, low fees and seamless cross-border exchange. Terra aims to make its stablecoins available to every developer on every blockchain. 

Users can always swap the LUNA token for UST, and vice versa, at a guaranteed price of $1 – regardless of the market price of either token at the time. This is important to note because it means if demand for UST rises and its price rises above $1, LUNA holders can bank a risk-free profit by swapping $1 of LUNA to create one UST token (which due to a rise in demand in this example, is worth more than $1).

Why TerraClassicUSD (USTC)?

Powerful Extensibility

TerraUSD is an algorithmic stablecoin with a value equal to the face value of the minted stablecoin. To issue 1 TerraUSD, you need to burn 1 LUNA reserve asset. TerraUSD’s monetary policy has proven to be virtually limitless, helping DeFi projects reach their full potential.

Exchange easily

Stablecoins in the Terra ecosystem share total liquidity, which means you can exchange TerraUSD for TerraKRW (a stablecoin pegged to the Korean Won) with minimal fees.

Passive income potential

Additionally, users can earn passive income with stable interest rates from TerraUSD and the Anchor protocol. Anchor is a loan agreement that promises a 20% return on UST savings. Additional and stable income comes through rewards in the PoS chain, which remains stable due to commissions and inflation. This nuance will make it possible to form reliable interest rates.

Interoperability

TerraClassicUSD allows connecting the blockchain ecosystem through the Dropship Bridge Protocol. Dropship integrates TerraUSD into numerous DeFi and DEX platforms, most importantly moving assets between chains. The supply and demand of LUNA determines the value of TerraUSD. Therefore, a stable UST cost can be guaranteed as the Dropship protocol helps maintain scalability.

All in all, TerraUSD (UST) is the first decentralized stablecoin that offers interest yield.

Where Can You Buy TerraClassicUSD(USTC)?

Investing in TerraClassicUSD can seem complicated, but it is much easier when you buy TerraClassicUSD through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold TerraClassicUSD — both for fiat money and other cryptocurrencies. Some of the most popular TerraClassicUSD cryptocurrency exchange are:

TerraClassicUSD (USTC) Community

TerraClassicUSD (USTC) Contracts

TerraClassicUSD's Logo
TerraClassicUSD USTC
USD US Dollar
  • USTC Price Statistics

  • TerraClassicUSD Price Today
  • TerraClassicUSD Price

    $0.056

  • Price Change24h

    $-0.003926 6.55%

  • 24h Low / 24h High

    $0.0535 / $0.061

  • Trading Volume 24h

    $289,234,374

  • Volume / Market Cap(%)

    0.5039%

  • Market Dominance

    0.06%

  • Market Rank

    #68

  • TerraClassicUSD Market Cap
  • Market Cap

    $574,488,271

  • Fully Diluted Market Cap

    $574,488,268

  • TerraClassicUSD Price History
  • 7d Low / 7d High

    $0.032 / $0.0979

  • 30d Low / 30d High

    $0.005972 / $0.0979

  • 90d Low / 90d High

    $0.005972 / $1

  • 52 Week Low / 52 Week High

    $0.005972 / $1.1

  • All Time High

    $1.1

  • All Time Low

    $0.005972

  • Show More

Trending Coins and Tokens

bybit's Logo
Join Us & Be Rewarded!
Sign up, complete tasks & earn up to $80 !
Trade Now Sponsored
Convex Finance's Logo
$5.77
18.13%
Curve's Logo
$0.9544
11.44%
Function X's Logo
$0.2615
8.51%
eCash's Logo
$0.00004265
6.33%