As of May 9, 2022, UST (now USTC) is no longer pegged to the US dollar. Users of the original Terra network must transition to the rebranded Terra Classic network. Note that the new Terra chain, Terra 2.0, will not include any Terra stablecoins such as USTC, KRT, EUT, etc. This page provides details about USTC, including its contract details on various networks. For more information on the transition and the impacts on your tokens, please refer to the official documentation and Twitter announcement. Failure to take appropriate action may result in the loss of your tokens.