TerraClassicUSD Price, Live Chart & Market Cap

TerraClassicUSD (USTC) Insights: From Algorithmic Stablecoin to Community Revival

TerraClassicUSD (USTC) Overview

TerraClassicUSD (USTC) was designed as a stable asset on Terra Classic. After a collapse in 2022, it lost the peg and now trades at a fraction of its intended price. Still, TerraClassicUSD continues to power certain on-chain activities, with governance proposals aiming to restore partial stability. Supporters believe it could retain a role in DeFi if new solutions emerge.

TerraClassicUSD (USTC): A Post-Collapse Look

Utility & Use Cases USTC

Community-Driven Activities

Community-Driven Activities

Once ideal for payments, TerraClassicUSD now sees speculation and swaps. Some users hold USTC, hoping for potential gains if future proposals succeed.
Liquidity Pools

Liquidity Pools

USTC formerly paired with tokens like LUNC on Terra’s DEXs. Although volumes fell, some pools still exist for those seeking modest yield.
Community Governance

Community Governance

Holders use their USTC to vote on Terra Classic proposals. Such on-chain governance shapes efforts to reduce supply or explore new backing.

TerraClassicUSD Technologies Overview

Fast Transaction Speeds

Fast Transaction Speeds

Terra Classic’s Tendermint consensus processes blocks quickly, allowing USTC transfers in seconds.
Cross-Chain Bridges

Cross-Chain Bridges

USTC was designed to move across multiple blockchains. Bridging helped it reach diverse DeFi platforms.
Smart Contract Support

Smart Contract Support

Developers can build CosmWasm apps utilizing USTC. Although usage is lower now, it still offers programmable functionality.

Funding

Terraform Labs raised $32 million in 2018 from investors like Binance and Pantera. USTC itself was created algorithmically, not via a public token sale.

Roadmap

Supply Reduction Proposals

Community members have pitched on-chain burns to shrink USTC, aiming to improve market sentiment.

Potential Re-Collateralization

Some advocate partial reserves or new mechanisms to restore price stability, though no final plan is set.

Rebuilding Terra Classic Apps

Developers seek to revive DeFi on Terra Classic, hoping increased adoption can support USTC’s future usage.

TerraClassicUSD Security & Audit Reports

Early audits praised Terra’s code quality, yet USTC collapsed due to economic design flaws. As Terra Classic evolves, community-driven updates address security and reduce risks.

FAQ

What is TerraClassicUSD (USTC) now?

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It’s the rebranded token of Terra’s former stablecoin, currently trading well below $1.

How to stake USTC?

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USTC itself cannot be staked directly. You can still hold or swap it on Terra Classic and vote on proposals.

How to read the USTC price chart?

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Use a trusted crypto exchange or data site. Volatility is high, so study daily movements carefully.

Why did USTC lose its peg?

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Its algorithmic model failed under heavy selling in 2022, leading to a rapid price collapse.

Is USTC used for yield farming?

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Some DeFi pools exist, but liquidity is limited. Rewards are uncertain post-collapse.

Where can I keep USTC?

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You can hold it in a Terra Classic-friendly wallet or on supported exchanges that still list it.

Will TerraClassicUSD ever return to $1?

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Community plans aim for partial recovery, but there is no confirmed strategy to fully restore the peg.

Top Crypto Exchanges to Trade TerraClassicUSD (USTC)

# Exchange Pair Price 24h Volume
1 ~$0.016 $4,024,014
2 ~$0.016 $1,543,609
3 ~$0.016 $1,211,698
4 ~$0.016 $1,759,956
5 ~$0.016 $662,953
6 ~$0.56 $501,093
7 ~$0.016 $209,972
8 ~$0.016 $403,821
9 ~$0.016 $665,290
10 ~$0.016 $280,843
TerraClassicUSD
TerraClassicUSD USTC Price
#550
$0.014
-0.98%
Market Cap
Market capitalization of TerraClassicUSD (USTC) represents the total value of all circulating tokens. It is calculated by multiplying the current price of one token by the total number of tokens in circulation
$79,792,686
Fully Diluted Variation
Fully diluted valuation of TerraClassicUSD (USTC) represents the theoretical market cap if all tokens that will ever exist were in circulation. It provides insight into the long-term value projection assuming the maximum supply is reached
$86,940,373
24 Hour Trading Vol
24-hour trading volume shows the total amount of TerraClassicUSD (USTC) traded across all exchanges over the past day. Higher volumes generally indicate more market liquidity and interest in the token
$7,478,522
Circulating Supply
Circulating supply shows the number of TerraClassicUSD (USTC) tokens currently available and circulating in the market. This excludes locked, reserved, or unissued tokens that cannot be sold or traded
5,593,393,813.56
Total Supply
Total supply represents all TerraClassicUSD (USTC) tokens that currently exist, including both circulating tokens and those locked in various protocols or treasuries. It excludes tokens that will be created in the future
6,094,440,070.65

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