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Check the Latest Price of Terra Classic Usd in India Today on BuyUcoin

Terra Classic Usd Price USTC-INR

₹ 1.71

Current Price

Terra Classic Usd Price Chart in INR

  • Day
  • Week
  • Month

Last Price ▾ -1.27%

₹ 1.71

24h High

₹ 1.77 

24h Low

₹ 1.71

24h Vol

₹ 1397029295

1 USTC to INR

Instant Buy

Current Price of 1 USTC = 600,000 INR
For 100 INR you will get = 0.00045 USTC

Coming Soon

Terra Classic Usd Price History in INR

  • Day
  • Week
  • Month
Time Price in INR Change in %
Time Price in INR Change in %
Time Price in INR Change in %

About Terra Classic USD (USTC):

Market Cap Rank

#145

The decentralised and algorithmic stablecoin of the Terra blockchain is called TerraUSD (UST). It is a convertible coin with a yield and a value pegged to the US Dollar. The creation of TerraUSD was intended to benefit the Terra community and provide DeFi with a scalable alternative in the face of severe scaling issues that other stablecoin leaders like Dai were experiencing. Thus, TerraUSD assures users of greater scalability, the accuracy of interest rates, and interchain usage.


What is Terra Classic USD (USTC) Coin?

The decentralised and algorithmic stablecoin of the Terra blockchain is called TerraUSD (UST). It is a convertible coin with a yield and a value pegged to the US Dollar. The creation of TerraUSD was intended to benefit the Terra community and provide DeFi with a scalable solution in the face of severe scalability issues that other stablecoin leaders like Dai were experiencing. Thus, TerraUSD assures users of greater scalability, accuracy of interest rates, and interchain usage.

TerraUSD stands out among competitors for stablecoins thanks to a number of advantages it offers. Because of its minting technique, UST satisfies the specifications of the DeFi protocols it employs without sacrificing scalability. Another simple way to add UST to cryptocurrency wallets is to include TerraUSD as a payment option. DApps are another area where TerraUSD has demonstrated its strength. For instance, UST is used as a pricing benchmark by platforms that produce fungible synthetic assets and monitor real-world asset values.

In partnership with Bittrex Global, TerraUSD (UST) was introduced in September 2020, and since then, it has established a reputation as the most scalable stablecoin. UST can be used separately or in conjunction with LUNA, Terra's non-stablecoin cryptocurrency.


Who created Terra Classic USD (USTC) Crypto?

In April 2019, Do Kwon and Daniel Shin established Terra (LUNA). They introduced TerraUSD on Bittrex Global in September 2020. Since then, TerraUSD has surpassed several stablecoin rivals on the market, including GUSD (Gemini) and PAX (Paxos). Terra is the private blockchain for TerraUSD, developed by Terraform Labs (a subsidiary of Terra Alliance).


How does Terra Classic USD Token Work?

The Terra smart contract platform was built on the Cosmos SDK, which is known for its interoperability between chains to communicate with each other. Terra also has bridges to other blockchains such Ethereum, Binance Smart Chain, Harmony and Osmosis – allowing for the seamless transfer of data and tokens between non-native ecosystems.

Terra uses the Delegated Proof-of-Stake (DPoS) consensus protocol known as “Tendermint,” where token holders can delegate their funds to certified validators – individuals or groups of people responsible for proposing new blocks – to secure and add new transactions to the blockchain.


Earn Free Terra Classic Usd

The Terra Classic USD (USTC) Coin Price Prediction

Terra Classic Usd Price Today in India is ₹ 1.71 with a 24-hour trading volume of ₹1,39,70,29,295. In the last 24 hours, USTC-INR price has decreased by -1.27%. Terra Classic Usd CoinMarketCap rank is 145. The circulation supply of Terra Classic Usd is 9,80,58,42,250.57899USTC coins, with maximum circulating supply being unlimited.

The Terra Classic USD (USTC) Token Price Prediction

It is predicted that TerraClassicUSD will reach $0.0312 before the end of 2022. The projected average USTC price for 2022 is $0.0314, a -2.02% decrease in value compared to the current price. The highest anticipated price of $0.041 will be reached in November 2022.


Is TerraClassic USD (USTC) Token a Good Investment in 2022?

The positive price prediction for TerraUSD was supported by DigitalCoinPrice, but it projected significantly slower growth in the years to come. By the end of the year, the cryptocurrency might average $0.0515, according to its TerraUSD price projection for 2022.

According to Wallet Investor's TerraUSD price estimate for 2025, the coin might average $0.0729 and break through the $0.10 threshold by 2028, when it would be averaging $0.12. According to its long-term TerraUSD price forecast for 2030, the digital currency may average $0.19 throughout the year.


Terra Classic Usd Features

Enhanced Scalability:

An algorithmic stablecoin called TerraUSD has a value equal to the face value of newly generated stablecoins. You need to burn 1 LUNA in reserves to issue 1 TerraUSD. TerraUSD's monetary policy apparently scales almost without bounds, assisting DeFi projects in realising their full potential.

Easy Exchange:

You can swap TerraUSD for TerraKRW (their stablecoin pegged to the Korean Won) with little cost because all of the stablecoins in the Terra ecosystem share complete liquidity.

Interoperability:

Blockchain ecosystems can communicate with one another because of TerraUSD's Dropship bridge technology. Most significantly, Dropship transfers assets between chains while integrating TerraUSD into various DeFi and DEX systems. TerraUSD's value is based on LUNA supply and demand. As the Dropship protocol aids in maintaining scalability, a consistent UST cost is thus assured.

Should I Buy Terra Classic Usd in India with BuyUcoin?

BuyUcoin users can buy and sell Terra Classic Usd through various payment methods we provide. It’s quick, simple, and safe. BuyUcoin is an exchange platform where consumers can swap digital currencies such as Bitcoin, Ethereum, Shiba Inu, Dogecoin and over 150 other cryptocurrencies. In addition, when you sign up, you will be rewarded with free Bitcoin worth INR 100.

BuyUcoin, which has over 1M+ registered users, provides a comprehensive range of options that allow users to buy, sell, trade and store cryptocurrencies at a low price in India. Start trading now to receive INR100 worth of free Terra Classic Usd after registering.

1 USTC to INR

Instant Buy

Current Price of 1 USTC = 600,000 INR
For 100 INR you will get = 0.00045 USTC

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