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TerraClassicUSD logo TerraClassicUSD (USTC)

TerraClassicUSD Price Trend

TerraClassicUSD
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TerraUSD is an algorithm-based stablecoin created on Ethereum and Terra blockchain networks. Like other stablecoins, TerraUSD (UST) price is always equal to one USD. As an algorithm-based stablecoin, UST is not backed by real-life assets or fiat currency. The stable price is maintained by the unique algorithm. TerraUSD was launched in September 2020. It is still relatively new and unproven technology.

With a total market cap of over $215 million, TerraClassicUSD is the No. 120 cryptocurrency by market size. The currency symbol for TerraClassicUSD is USTC. The total supply of TerraClassicUSD is 9.8 billion. We found savings accounts offering up to 18% APY on TerraClassicUSD deposits and loans as low as 6.9% APR against TerraClassicUSD used as collateral. Check out our TerraClassicUSD staking yields table and TerraClassicUSD loan rates table for further details.

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TerraClassicUSD Price History

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Is the Price of TerraClassicUSD Going to Go Up or Down?

The technical price analysis for TerraClassicUSD below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of TerraClassicUSD.

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TerraClassicUSD FAQs

AYes TerraClassicUSD is a stablecoin which means that it's value is pegged to a fiat currency and should maintain a fairly constantly exchange rate with that currency.
ATerraClassicUSD is part of the Terra, Cosmos, Injective and Bnb Chain ecosystems.
AYes, staking is available for TerraClassicUSD on a number of platforms. For a full list of TerraClassicUSD staking yields see our list of TerraClassicUSD staking yields.
AYou can earn up to 18% APY by staking your TerraClassicUSD tokens. Check out our TerraClassicUSD staking yields table for further details.
ARight now the best staking rates are on Nexo with an income rate of up to 18% APY.
AYou can check the technical indicators for TerraClassicUSD on the TerraClassicUSD Price Trend tab. These indicators are based on the analysis of multiple trading signals for TerraClassicUSD.
AYou can find the cheapest exchange on which to buy TerraClassicUSD on the TerraClassicUSD Buy tab.
AYou can check which wallets support TerraClassicUSD on the TerraClassicUSD Wallets tab.
AAlmost all TerraClassicUSD loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is TerraClassicUSD flash loans which allow you to borrow uncollateralised TerraClassicUSD for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all TerraClassicUSD loans on the TerraClassicUSD Loans tab.

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