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Terraclassicusd

USTC

TerraClassicUSD

USTC

₹1.69

LIVE

24H Low ₹1.63

24H High ₹1.69

Price of USTC today

The current live price of USTC today is ₹1.69, with a 24-hour trading volume of ₹2,06,61,93,705.05. Our USTC to INR price is updated in real-time. USTC has seen a increment of 4.88% in the last 24 hours. With a live market cap of ₹15,04,64,84,535.14 , the circulating supply is at 8,950,421,364 USTC coins, with a maximum supply of 8,962,239,422USTC coins.

TerraClassicUSD Price History

Date ComparisonAmount Change% Change
Today₹0.03

1.53%

7 Days-₹0.18

9.51%

30 Days-₹0.98

36.61%

1 Year-₹0.23

12.14%

TerraClassicUSD Price Information

Price Change (1hr)

0.8%

Price Change (24hr)

1.53%

Price Change (7d)

9.51%

TerraClassicUSD Market Stats

Market Cap

₹15,04,64,84,535.14

Fully Diluted Market Cap

₹15,06,63,51,782.48

24hr Volume

₹2,06,61,93,705.05

7.6%

Circulating Supply

8950421363.5 USTC

Total Supply

8962239421.81 USTC

Things to know about TerraClassicUSD

What is USTC - TerraClassicUSD?

USTC, originally TerraUSD (UST), now TerraClassicUSD (USTC), is a decentralized algorithmic stablecoin that operates on the Terra Classic blockchain. USTC is designed to maintain a peg to the US Dollar and relies on arbitrage activities for stability.

USTC operates without traditional collateral and instead relies on algorithmic mechanisms for stability.

To mint USTC, an equivalent USD value of LUNC (reserve asset) must be burned.

Reasons to Buy USTC - TerraClassicUSD Token

USTC's design for stability offers potential arbitrage opportunities in secondary markets.

USTC is part of the Terra blockchain ecosystem, known for innovative approaches in the stablecoin market.

Things to Consider Before Buying USTC - TerraClassicUSD Token

The depeg event and subsequent actions pose risks in terms of market confidence and potential regulatory scrutiny.

(A depeg is a phenomenon that occurs when a stablecoin, which is a cryptocurrency whose value is pegged to another currency, decreases or increases in value relative to the asset it is pegged to.)

Recent developments show that USTC faced a significant depeg event in May 2022, leading to market disruptions.

Post-depeg, a new blockchain called Terra 2.0 was created, leaving USTC on the original Terra Classic chain. These events have impacted the token's adoption and trust.

Returns Calculator

One Time
Recurring

Investment Amount

Investment Period

Returns

9548

0%

USTC to Converter

Quantity

USTC

USTC

Price

fiat

Price as per 06:53 AM • 20 Apr 2024

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What is the price of TerraClassicUSD (USTC)?

The current price of TerraClassicUSD (USTC) in INR is ₹1.69 INR.

What is the current USTC market cap?

The current market capitalization of TerraClassicUSD (USTC) is ₹15,04,64,84,535.14 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of USTC by the number of coins in circulation.

What is the current supply of TerraClassicUSD (USTC)?

The current supply of TerraClassicUSD (USTC) is 8950421363.5 USTC. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of TerraClassicUSD (USTC)?

The 24-hour trading volume of TerraClassicUSD (USTC) in INR is ₹2,06,61,93,705.05. This figure represents the total value of all USTC transactions across various exchanges within the last 24 hours.

How to Buy TerraClassicUSD (USTC) in India?

To buy TerraClassicUSD (USTC) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in USTC.

Can I buy TerraClassicUSD (USTC) with UPI?

Yes, you can buy TerraClassicUSD (USTC) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert TerraClassicUSD (USTC) to Indian Rupee (INR)?

To convert TerraClassicUSD (USTC) to Indian Rupee (INR), you can use our USTC/INR conversion tool.