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USTCTerraClassicUSD

$0.0057
$0.0003
(4.68%)
Today
Updated: 09:08 PM UTC
Mkt Cap$31.65M
Vol6.47M
48

Neutral Sentiment

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Do Kwon Handed 15-Year Prison Term Over TerraUSD Fraud That Fueled 2022’s Crypto Meltdown
He now faces further legal exposure in South Korea after his U.S. prison term begins.
Stocktwits
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Could Do Kwon’s Return Spark a $USTC Comeback?
The story of TerraClassicUSD ($USTC) remains one of the most infamous in crypto. Once designed as a stablecoin pegged to $1, it collapsed in 2022, falling from $1.01 to just $0.014 today — a 98% decline that wiped out billions in value. Despite this dramatic fall, the Terra Class...
CryptoAnu
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AboutTerraClassicUSD (USTC) was originally launched as an algorithmic stablecoin within the Terra ecosystem, designed to maintain a peg to the US dollar through an automated market-Module mechanism with LUNA (now LUNC). However, following the collapse of the Terra ecosystem in May 2022, the core stabilizing mechanism was disabled, and USTC lost its peg to the US dollar. Since then, USTC has been a freely traded digital asset, with its price determined purely by market supply and demand. It no longer functions as a stablecoin, nor does it have an active peg-maintenance mechanism. USTC remains an integral part of the Terra Classic ecosystem, where it continues to be used for various purposes, including DeFi applications , gas fees and trading. Unlike traditional fiat-backed assets, USTC’s value fluctuates based on market conditions and community participation.
Details
Source
Categories
Alleged SEC SecuritiesDeFiance Capital PortfolioDelphi Ventures PortfolioFiat-backed StablecoinGalaxy Digital PortfolioOsmosis EcosystemSeigniorageStablecoinsTerra Classic EcosystemUSD StablecoinYZi Labs (Prev. Binance Labs) Portfolio
Date
Market Cap
Volume
Close
June 05, 2026
$31.65M
$6.47M
---
June 05, 2026
$33.01M
$2.36M
---
June 04, 2026
$34.62M
$1.92M
$0.0062
June 03, 2026
$34.73M
$2.99M
$0.0062
June 02, 2026
$37.27M
$3.47M
$0.0067
June 01, 2026
$39.56M
$10.27M
$0.0071
May 31, 2026
$37M
$1.94M
$0.0066
May 30, 2026
$36.13M
$4.71M
$0.0065
May 29, 2026
$34.37M
$2.26M
$0.0062
May 28, 2026
$35.09M
$7.11M
$0.0063
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