TerraClassicUSD
USTC#519| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| -1.09% | -5.75% | -0.60% | -8.39% | -65.96% |
About TerraClassicUSD
TerraClassicUSD Markets
| Exchange | Pair | Price | Volume (24h) | Trust |
|---|---|---|---|---|
| Bitazza | USTC/USDT | $0.005016 | $226.57K | green |
| LBank | USTC/USDT | $0.00502 | $164.09K | green |
| Binance | USTC/USDT | $0.005027 | $157.73K | green |
| MEXC | USTC/USDT | $0.005018 | $65.59K | green |
| BigONE | USTC/USDT | $0.005029 | $58.27K | yellow |
| Binance | USTC/TRY | $0.005014 | $57.41K | green |
| OrangeX | USTC/USDT | $0.005013 | $44.42K | yellow |
| BingX | USTC/USDT | $0.005007 | $31.87K | green |
| Bittime | USTC/IDR | $0.005059 | $31.14K | green |
| Pionex | USTC/USDT | $0.005027 | $30.58K | green |
| WhiteBIT | USTC/USDT | $0.005017 | $26.05K | green |
| Bitrue | USTC/USDT | $0.005022 | $25.07K | green |
| CoinEx | USTC/USDT | $0.005021 | $19.55K | green |
| KuCoin | USTC/USDT | $0.004987 | $10.11K | green |
| WEEX | USTC/USDT | $0.005027 | $7.87K | green |
| Bybit | USTC/USDT | $0.004987 | $5K | green |
| Bitget | USTC/USDT | $0.005011 | $4.42K | green |
| TokoCrypto | USTC/USDT | $0.005027 | $2.98K | yellow |
| Bitazza | USTC/THB | $0.005005 | $2.36K | green |
| Gate | USTC/USDT | $0.00504 | $2.06K | green |
TerraClassicUSD Price History
| Year | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2026(YTD) | $0.006411 | $0.00798 | $0.004332 | $0.004937 | -22.99% |
| 2025 | $0.020103 | $0.021627 | $0.005697 | $0.006199 | -69.16% |
| 2024 | $0.028372 | $0.031034 | $0.013465 | $0.01943 | -31.52% |
Analysis
No analysis available for TerraClassicUSD yet.
TerraClassicUSD News
No recent news for TerraClassicUSD.
TerraClassicUSD FAQ
What is TerraClassicUSD (USTC)?
TerraClassicUSD (USTC) is a cryptocurrency launched in 2019. It is an algorithmic stablecoin designed to maintain a value of one US dollar. It operates on the Terra Classic blockchain, which is the original Terra network after the chain split. USTC is the rebranded version of the former TerraUSD (UST) token.
How does TerraClassicUSD work?
TerraClassicUSD (USTC) was designed to use an algorithmic mint-and-burn mechanism to maintain a $1 peg. Users could burn the Terra Classic network's staking token, LUNC, to mint USTC, and burn USTC to mint LUNC. This supply adjustment was intended to stabilize its price.
What is the USTC token used for?
TerraClassicUSD (USTC) is intended to serve as a stable medium of exchange and store of value within the Terra Classic ecosystem. It was used for payments, decentralized finance applications, and as a stable unit of account. As a stablecoin, its purpose is to provide the benefits of cryptocurrency without the volatility of assets like LUNC.
How does TerraClassicUSD differ from other stablecoins?
Unlike fiat-collateralized stablecoins such as USDC or USDT, which hold reserves of dollars or equivalents, TerraClassicUSD (USTC) is algorithmic. It relies on code and market incentives rather than a central issuer holding reserves. This design aims for decentralization but carries higher risk, as demonstrated by the loss of its peg in May 2022.
What is the current price of TerraClassicUSD?
TerraClassicUSD is currently priced at $0.004937, down 5.75% in the last 24 hours. It is ranked #519 by market capitalization. Over the past 7 days, USTC is down 0.60%.
What is TerraClassicUSD's market cap?
TerraClassicUSD has a market capitalization of $27.52M. The 24-hour trading volume is $1.69M, reflecting the total value of USTC traded across all exchanges in the last day.
How many TerraClassicUSD coins are in circulation?
There are currently 5.57B USTC in circulation. TerraClassicUSD has a maximum supply of 6.08B USTC, meaning no more than this amount will ever exist.
