Atleast 20000 Coins ( Hold Bull Run )
(TerraClassicUSD) is the original algorithmic stablecoin of the Terra ecosystem, rebranded after the collapse of Terra in 2022. It was initially designed to maintain a 1:1 peg to the U.S. dollar through a mint-and-burn mechanism involving LUNA (now LUNC). However, in May 2022, the mechanism failed, leading to the de-pegging of USTC and a significant market crash. Since then, USTC is no longer considered a stablecoin, and its value fluctuates based on market demand and speculation, with some community initiatives aiming to restore its stability.
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