TerraClassicUSD (USTC) Price Tops $0.0167

TerraClassicUSD (USTC) traded up 0.4% against the dollar during the 1 day period ending at 23:00 PM Eastern on September 11th. During the last week, TerraClassicUSD has traded 7.4% higher against the dollar. One TerraClassicUSD coin can currently be purchased for about $0.0167 or 0.00000029 BTC on popular cryptocurrency exchanges. TerraClassicUSD has a total market cap of $97.56 million and approximately $7.18 million worth of TerraClassicUSD was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded down 0.6% against the dollar and now trades at $23.74 or 0.00040768 BTC.
• NEAR Protocol (NEAR) traded 3.1% higher against the dollar and now trades at $4.11 or 0.00007064 BTC.
• Internet Computer (ICP) traded down 1.7% against the dollar and now trades at $8.57 or 0.00014714 BTC.
• Cronos (CRO) traded 0.5% higher against the dollar and now trades at $0.0787 or 0.00000135 BTC.
• Hedera (HBAR) traded 1.1% higher against the dollar and now trades at $0.0506 or 0.00000087 BTC.
• Cosmos (ATOM) traded up 0.9% against the dollar and now trades at $4.14 or 0.00007115 BTC.
• Fetch.ai (FET) traded up 6.3% against the dollar and now trades at $1.39 or 0.00002381 BTC.
• Algorand (ALGO) traded 1% higher against the dollar and now trades at $0.13 or 0.00000220 BTC.
• Akash Network (AKT) traded down 1.9% against the dollar and now trades at $2.38 or 0.00004150 BTC.
• Theta Fuel (TFUEL) traded up 0.5% against the dollar and now trades at $0.0562 or 0.00000097 BTC.

TerraClassicUSD Profile

USTC uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,917,080,430 coins and its circulating supply is 5,838,573,561 coins. TerraClassicUSD’s official message board is medium.com/terra-money. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. The official website for TerraClassicUSD is terra.money.

According to CryptoCompare, “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.”

TerraClassicUSD Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to trade TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView