I heard about USTC crypto and was wondering what it is. Is it a new cryptocurrency? What makes it special or different from other cryptocurrencies? I'm curious about its background, purpose, and how it fits into the crypto market.
7 answers
Lucia
Wed Nov 27 2024
TerraClassicUSD (USTC) represents a decentralized algorithmic stablecoin.
SoulStorm
Wed Nov 27 2024
The Terra blockchain served as its foundational platform initially.
BusanBeautyBlooming
Wed Nov 27 2024
The primary objective of USTC is to maintain a stable value equivalent to the US dollar.
Matteo
Wed Nov 27 2024
This cryptocurrency was initially introduced as TerraUSD (UST).
Marco
Wed Nov 27 2024
It was launched on the Terra blockchain during the year 2021.