TerraClassicUSD (USTC) Price Reaches $0.0176 on Exchanges

TerraClassicUSD (USTC) traded down 4.5% against the US dollar during the 24-hour period ending at 13:00 PM E.T. on September 15th. During the last seven days, TerraClassicUSD has traded 13.6% higher against the US dollar. One TerraClassicUSD coin can currently be bought for approximately $0.0176 or 0.00000029 BTC on major cryptocurrency exchanges. TerraClassicUSD has a market cap of $102.92 million and approximately $15.36 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded down 4.9% against the dollar and now trades at $24.39 or 0.00040805 BTC.
• NEAR Protocol (NEAR) traded down 2.1% against the dollar and now trades at $4.13 or 0.00006911 BTC.
• Internet Computer (ICP) traded down 3.1% against the dollar and now trades at $8.38 or 0.00014012 BTC.
• Cronos (CRO) traded up 0.1% against the dollar and now trades at $0.0818 or 0.00000137 BTC.
• Hedera (HBAR) traded 1.4% lower against the dollar and now trades at $0.0509 or 0.00000085 BTC.
• Cosmos (ATOM) traded 1.6% lower against the dollar and now trades at $4.15 or 0.00006942 BTC.
• Fetch.ai (FET) traded up 0% against the dollar and now trades at $1.37 or 0.00002291 BTC.
• Algorand (ALGO) traded down 2.4% against the dollar and now trades at $0.13 or 0.00000215 BTC.
• Akash Network (AKT) traded 2.3% higher against the dollar and now trades at $2.55 or 0.00004254 BTC.
• Theta Fuel (TFUEL) traded 1.2% lower against the dollar and now trades at $0.0608 or 0.00000102 BTC.

TerraClassicUSD Coin Profile

TerraClassicUSD (USTC) uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,916,994,540 coins and its circulating supply is 5,838,466,911 coins. TerraClassicUSD’s official website is terra.money. 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.

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 possible to buy alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to trade TerraClassicUSD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TerraClassicUSD using one of the aforementioned exchanges.

USTC/USD price chart by TradingView