TerraClassicUSD (USTC)
TerraClassicUSD (USTC) is a digital asset associated with the Terra Classic blockchain and the legacy Terra ecosystem. It was originally known as TerraUSD, an algorithmic stablecoin intended to track the value of one US dollar through a mint-and-burn relationship with LUNA, now known on the original chain as LUNC. That design relied on market incentives and arbitrage rather than cash or Treasury reserves held in a traditional bank account.
The asset’s role changed fundamentally after the Terra collapse in May 2022. UST lost its dollar peg during a period of extreme market stress, and the mechanism that had been designed to restore parity failed. Following the split between the new Terra network and the original Terra Classic chain, the token became TerraClassicUSD, or USTC. It no longer operates as a reliable stablecoin and does not have an active, dependable peg-maintenance system that keeps it at one dollar.
Today, USTC trades freely, with its price set by supply, demand, liquidity, speculation, and community activity around Terra Classic. It remains part of the Terra Classic ecosystem and may be used where supported by wallets, decentralised applications, exchanges, or community-led initiatives, but its market behaviour is that of a volatile crypto asset rather than a cash-equivalent token.
USTC is distinctive because it represents one of the most prominent examples of algorithmic stablecoin failure and continues to attract attention from traders and Terra Classic community members. Any discussion of USTC must recognise that its historical dollar target is no longer a dependable feature of the asset.
Last updated
- Market Cap
- $32.9M
- Fully Diluted Valuation
- $35.9M
- 24 Hour Trading Vol
- $1.8M
- Circulating Supply
- 5.6B
- Total Supply
- 6.1B
- Max Supply
- —
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- Market Cap
- $32,887,292
- Fully Diluted Valuation
- $35,853,837
- 24 Hour Trading Vol
- $1,817,954
- 24h High
- $0.00617455
- 24h Low
- $0.00578387
- 24h Change
- -1.88%
- 7d Change
- -3.52%
- 30d Change
- -26.36%
- 1y Change
- -49.73%
- Market Cap Rank
- #598
- Market Cap Rank (rehypothecated)
- #768
- Circulating Supply
- 5,576,744,901
- Total Supply
- 6,079,786,031
- Max Supply
- —
- All-time high
- $1.092 (-99.46%) · 12 Jan 2021, 11:30 am
- All-time low
- $0.00406362 (+45.58%) · 6 Feb 2026, 1:26 pm
- Website www.terra-classic.io
- Block explorer finder.terra.money/classic/
- Block explorer finder.terraport.finance
- Block explorer finder.terraclassic.community
- Block explorer luncscan.com
- Block explorer moon-runners.net/finder
- X / Twitter twitter.com/terra_money