We just need support from Binance with the USTC Repeg and the rest will tell everything🚀
Terra Classic is an algorithmic stablecoin platform, operating on a Proof of Stake (PoS) blockchain infrastructure built with Tendermint. It is the home of the TerraClassicUSD (USTC) algorithmic stablecoin.
Following the loss of the USTC peg in May 2022, the community behind Terra Classic decided to create a new blockchain without algorithmic stablecoins called Terra 2.0. New LUNA tokens were distributed via airdrops to old users who were affected by the peg loss event.