TerraUSD Rank 28
Website Twitter
7,530,174,864 UST

TerraUSD
TerraUSD
UST

TerraUSD Price
$ 1.00

TerraUSD 24h Vol
$135,149,721

TerraUSD Market Cap
$7,539,236,232

24h Vol
2,389 BTC
1 H
0.00 %
24 H
-0.04 %
7 d
-0.03 %
Today TerraUSD price in US dollars is currently 1.00 USD, and if converted to Bitcoin is 0.00001770 BTC. A total of 7,530,174,864 UST are currently circulating in the Market. TerraUSD price is currently experiencing a change of -0.04 %, and check here all cryptocurrency. Over the past 24 hours 1.351 M US dollars TerraUSD have been traded on Crypto Exchanges. Get TerraUSD's progress by adding it to your favourites and creating a free portfolio.
Full Name
TerraUSD
Symbol
UST
Algorithm
BTC Price
0.00001770 BTC
BTC Market
133,250 BTC
BTC 24h Vol
2,389 BTC
Total Coins Mined
7,530,174,864 UST
1h
0.00 %
24h
-0.04 %
7d
-0.03 %
Twitter
Website
Share TerraUSD Price


Charts



Description

Description


Terra aims to build a new financial infrastructure that works better for everyone. The network is powered by a family of stablecoins, each pegged to major fiat currencies all algorithmically stabilized by Terra’s native token, Luna. Terra’s mission is to set money free by building open financial infrastructure. Luna, as the native staking asset from which the family of Terra stablecoins derives their stability, utility, and value, acts both as collateral for the entire Terra economy and as a staking token that secures the PoS network. Luna can be held and traded like a normal crypto asset, but can also be staked to accrue rewards in the network generated from transaction fees. Luna can also be used to make and vote on governance proposals.

The family of Terra stablecoins is designed to achieve stability through consistent mining rewards with a contracting and expanding money supply. For example, if the system has detected that the price of a Terra currency has deviated from its peg, it applies pressure to normalize the price. Currently, the family of Terra stablecoins includes: KRT (Terra stablecoin pegged to Korean Won), UST (Terra stablecoin pegged to US Dollar), MNT (Terra stablecoin pegged to Mongolian Togrog), SDR (Terra stablecoin pegged to IMF SDR), with more being added in the future.


Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.