TerraClassicUSD (USTC) Price Reaches $0.0176 on Exchanges

TerraClassicUSD (USTC) traded 2.8% lower against the dollar during the one day period ending at 13:00 PM Eastern on September 22nd. TerraClassicUSD has a total market cap of $102.42 million and $3.68 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours. Over the last seven days, TerraClassicUSD has traded 0.4% lower against the dollar. One TerraClassicUSD coin can now be purchased for about $0.0176 or 0.00000028 BTC on popular exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded 1.8% lower against the dollar and now trades at $27.03 or 0.00042919 BTC.
• NEAR Protocol (NEAR) traded down 1.2% against the dollar and now trades at $4.47 or 0.00007097 BTC.
• Internet Computer (ICP) traded down 3.6% against the dollar and now trades at $8.26 or 0.00013106 BTC.
• Cronos (CRO) traded down 2.9% against the dollar and now trades at $0.0849 or 0.00000135 BTC.
• Hedera (HBAR) traded down 3.1% against the dollar and now trades at $0.0537 or 0.00000085 BTC.
• Cosmos (ATOM) traded 1.1% lower against the dollar and now trades at $4.64 or 0.00007359 BTC.
• Fetch.ai (FET) traded 2.3% lower against the dollar and now trades at $1.61 or 0.00002548 BTC.
• Algorand (ALGO) traded down 2% against the dollar and now trades at $0.13 or 0.00000210 BTC.
• Akash Network (AKT) traded 2% higher against the dollar and now trades at $2.79 or 0.00004446 BTC.
• Theta Fuel (TFUEL) traded down 2.3% against the dollar and now trades at $0.0659 or 0.00000105 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. It launched on April 24th, 2019. TerraClassicUSD’s total supply is 8,190,462,329 coins and its circulating supply is 5,830,844,954 coins. The official message board for TerraClassicUSD is medium.com/terra-money. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official website 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 presently possible to buy alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to trade TerraClassicUSD should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView