TerraClassicUSD (USTC) Price Hits $0.0169 on Major Exchanges

TerraClassicUSD (USTC) traded 2.7% higher against the U.S. dollar during the twenty-four hour period ending at 23:00 PM ET on September 17th. During the last seven days, TerraClassicUSD has traded 2.5% higher against the U.S. dollar. One TerraClassicUSD coin can currently be bought for $0.0169 or 0.00000028 BTC on popular exchanges. TerraClassicUSD has a market capitalization of $98.84 million and approximately $4.64 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded up 2% against the dollar and now trades at $23.87 or 0.00039423 BTC.
• NEAR Protocol (NEAR) traded 5.7% higher against the dollar and now trades at $4.11 or 0.00006792 BTC.
• Internet Computer (ICP) traded 1.1% lower against the dollar and now trades at $7.87 or 0.00012997 BTC.
• Cronos (CRO) traded up 1.1% against the dollar and now trades at $0.0801 or 0.00000132 BTC.
• Hedera (HBAR) traded up 0.9% against the dollar and now trades at $0.0498 or 0.00000082 BTC.
• Cosmos (ATOM) traded up 5.5% against the dollar and now trades at $4.21 or 0.00006949 BTC.
• Fetch.ai (FET) traded up 8.1% against the dollar and now trades at $1.36 or 0.00002249 BTC.
• Algorand (ALGO) traded 0.8% higher against the dollar and now trades at $0.12 or 0.00000205 BTC.
• Akash Network (AKT) traded up 2.8% against the dollar and now trades at $2.47 or 0.00004121 BTC.
• Theta Fuel (TFUEL) traded up 1.4% against the dollar and now trades at $0.0604 or 0.00000100 BTC.

TerraClassicUSD Coin Profile

USTC uses the hashing algorithm. Its genesis date was April 24th, 2019. TerraClassicUSD’s total supply is 8,916,949,742 coins and its circulating supply is 5,838,414,270 coins. TerraClassicUSD’s official message board is medium.com/terra-money. The official website for TerraClassicUSD is 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 currently 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 GDAX, Coinbase 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