TerraClassicUSD (USTC) Price Hits $0.0164

TerraClassicUSD (USTC) traded down 7.9% against the U.S. dollar during the 24 hour period ending at 12:00 PM ET on September 16th. In the last week, TerraClassicUSD has traded 1.3% higher against the U.S. dollar. One TerraClassicUSD coin can currently be bought for approximately $0.0164 or 0.00000028 BTC on major cryptocurrency exchanges. TerraClassicUSD has a total market capitalization of $95.90 million and approximately $8.32 million worth of TerraClassicUSD was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded 5% lower against the dollar and now trades at $23.39 or 0.00040467 BTC.
• NEAR Protocol (NEAR) traded 6.7% lower against the dollar and now trades at $3.89 or 0.00006725 BTC.
• Internet Computer (ICP) traded 6.2% lower against the dollar and now trades at $7.97 or 0.00013784 BTC.
• Cronos (CRO) traded down 3.1% against the dollar and now trades at $0.0801 or 0.00000139 BTC.
• Hedera (HBAR) traded 3.6% lower against the dollar and now trades at $0.0495 or 0.00000086 BTC.
• Cosmos (ATOM) traded 5.6% lower against the dollar and now trades at $3.96 or 0.00006858 BTC.
• Fetch.ai (FET) traded down 5.5% against the dollar and now trades at $1.31 or 0.00002267 BTC.
• Algorand (ALGO) traded down 4.3% against the dollar and now trades at $0.12 or 0.00000215 BTC.
• Akash Network (AKT) traded 7.2% lower against the dollar and now trades at $2.37 or 0.00004109 BTC.
• Theta Fuel (TFUEL) traded 1.3% higher against the dollar and now trades at $0.0620 or 0.00000107 BTC.

TerraClassicUSD Profile

USTC uses the hashing algorithm. Its launch date was April 24th, 2019. TerraClassicUSD’s total supply is 8,916,977,784 coins and its circulating supply is 5,838,447,043 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