TerraClassicUSD (Terra) has exhibited a surge that has put USTC trending on Binance. As of the latest update, TerraClassicUSD is valued at $0.05433, accompanied by a staggering 24-hour trading volume of $584,717,879. The token experienced an impressive 49.36% surge within the last 24 hours, reaching a high of $0.05761. Notably, USTC is trading with a 33% increase.
USTC has carved its presence on Binance as a top gainer, attracting attention with its notable market performance. While the 24-hour volume witnessed a decline of 41.11%, it still stands impressively at $633,010,187.
The surge in TerraClassicUSD’s price coincides with a significant development on the Binance platform. Binance announced the listing of USTC against FDUSD and TRY, providing additional trading pairs that likely contributed to the increased market activity.
Source: CoinStats – Start using it today
TerraUSD (UST) is the decentralized and algorithmic stablecoin of the Terra blockchain. Positioned as a scalable and yield-bearing coin, TerraUSD is pegged to the US Dollar, offering a stable and reliable value.
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In conclusion, the surge in TerraClassicUSD’s price, coupled with Binance’s strategic listing announcement, underscores the dynamic nature of the crypto market. TerraUSD’s scalable solution brings a new dimension to the stablecoin landscape, promising heightened efficiency and utility within the decentralized finance sector.
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