TerraClassicUSD (USTC) Price Reaches $0.0193 on Exchanges

TerraClassicUSD (USTC) traded up 2.4% against the U.S. dollar during the twenty-four hour period ending at 7:00 AM ET on August 25th. During the last seven days, TerraClassicUSD has traded 22.6% higher against the U.S. dollar. One TerraClassicUSD coin can now be purchased for $0.0193 or 0.00000030 BTC on major exchanges. TerraClassicUSD has a market cap of $107.85 million and $16.43 million worth of TerraClassicUSD was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 3.4% lower against the dollar and now trades at $26.50 or 0.00041422 BTC.
• NEAR Protocol (NEAR) traded down 0.5% against the dollar and now trades at $4.89 or 0.00007652 BTC.
• Internet Computer (ICP) traded down 2.1% against the dollar and now trades at $8.45 or 0.00013216 BTC.
• Cronos (CRO) traded 3.6% lower against the dollar and now trades at $0.0888 or 0.00000139 BTC.
• Hedera (HBAR) traded 2.3% lower against the dollar and now trades at $0.0588 or 0.00000092 BTC.
• Cosmos (ATOM) traded down 2.1% against the dollar and now trades at $5.12 or 0.00008004 BTC.
• Fetch.ai (FET) traded 1.5% lower against the dollar and now trades at $1.25 or 0.00001947 BTC.
• Algorand (ALGO) traded 2.6% lower against the dollar and now trades at $0.14 or 0.00000223 BTC.
• Akash Network (AKT) traded 0.7% lower against the dollar and now trades at $2.73 or 0.00004269 BTC.
• Theta Fuel (TFUEL) traded 2.4% lower against the dollar and now trades at $0.0641 or 0.00000100 BTC.

About TerraClassicUSD

TerraClassicUSD (CRYPTO:USTC) uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,957,792,863 coins and its circulating supply is 5,578,641,053 coins. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. TerraClassicUSD’s official message board is medium.com/terra-money. 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.”

Buying and Selling TerraClassicUSD

It is usually not currently possible to purchase alternative cryptocurrencies such as TerraClassicUSD directly using US dollars. Investors seeking to acquire TerraClassicUSD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TerraClassicUSD using one of the exchanges listed above.

USTC/USD price chart by TradingView