
TerraClassicUSD (USTC) - USD
$ 0.01296
1 hour ago
2.61%
Mkt. Cap.
$ 79.00 M
Vol. 24H
USTC 78.80 k
($ 1,010.50)
Open 24h
$ 0.01263
Low/High 24h
$ 0.01253
-
$ 0.01309
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.
Whitepaper
Launch Date
2022-05-28
Max Supply
Not Applicable
Total Supply
6,095,829,525.28
Circulating Supply
5,594,998,941.89
Mkt. Cap. Penalty
0 %
Website
Built On
LUNC
Token Standard
CW20
Smart Contract Address
Decimal Places
6
Parent Asset Symbol
-
TerraClassicUSD (USTC) is a digital asset built on the Terra blockchain and created due to the de-pegging of TerraUSD (UST) from the US dollar. USTC is designed to provide users with a digital asset that maintains a value relative to a basket of assets, including the US Dollar and other stablecoins. It is issued and managed by Terraform Labs and provides an easy and secure way to transfer value within the Terra network. In early May 2022, the price of Terra’s LUNA and UST tokens began to plummet, leading to the collapse of both tokens and the Terra network. To protect users, Terraform Labs moved users’ UST tokens to the Terra Classic wallet, exchanging them for USTC tokens, and providing more market liquidity.