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Terra is a decentralized financial payment network powered by scalable, algorithmic stable coins. Terra is a Layer 1 blockchain and a payments-focused financial ecosystem powered by scalable algorithmic stable coins. Its native token, LUNA, is the world's 11th largest cryptocurrency, with a market capitalization of $15.6 billion. Its UST stable coin has risen to become the fifth-largest stable coin on the market in less than a year. Terra is an innov...
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USTTerraUSD Price Chart US Dollar (UST/USD)| # | Name | Price | % 1h | % 24h | MarketCap | Circulating Supply | Volume | 7d | |
|---|---|---|---|---|---|---|---|---|---|
|
1
|
1 | $0.43770079190 | 1.65% | -4.91% | $0.00 | ? | $1.31 M |
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|
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2
|
2 | $0.00114804146 | -0.42% | -13.97% | $0.00 | ? | $710.42 K |
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|
|
3
|
3 | $0.00540167259 | 1.86% | -10.03% | $0.00 | ? | $20.31 K |
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4
|
4 | $0.00700316848 | -9.2% | 0% | $0.00 | ? | $9.81 K |
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5
|
5 | $2.37 | 3.5% | -34.34% | $0.00 | ? | $290.89 |
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6
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6 | $0.17007174159 | 0.04% | 0.26% | $0.00 | ? | $29.45 |
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7
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7 | $0.00008514957 | 0% | -8.86% | $0.00 | ? | $8.13 |
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TerraUSD price today is $0.99909549950 USD, which is up by 0.12% over the last 24 hours. There has been an hourly rise by 0.01%. TerraUSD’s market cap currently sits at $11,153,900,000.00 USD, holding up for a market cap rank at #14. TerraUSD ranks no 14 in the market capitalization of TerraUSD is at $11,153,900,000.00 and its volume for 24 hours is $562,595,000. 11.16 B TerraUSD are under circulation, with total supply of 11.16 B and the Maximum supply of N/A.
Terra is a blockchain protocol and a payments-focused financial ecosystem powered by algorithmic and scalable stable coins pegged to real-world fiat currencies.
Terraform Labs developed the protocol in January 2018. Terraform Labs is a Korean blockchain enterprise founded by serial entrepreneurs Daniel Shin and Do Kwon. Terra's two key ecosystem components are its stable coins, known as "Terra currencies," and its governance and utility token, LUNA. The balance of these two components is meant to be analogous to how the Earth (Terra in Latin) and the Moon (Luna in Latin) rely on each other for gravitational stability and rotation.
While the ecosystem currently supports multiple Terra currencies, including those pegged to the South Korean Won, Mongolian Tugrik, and the IMF's SDR basket of currencies, Terra's flagship product is its native USD-pegged stable coin, TerraUSD (UST). Currently the fifth-largest stable coin on the market, UST is one of the fastest-growing assets in the industry, reaching a market capitalization of $2.5 billion within a year of its launch.
Daniel Shin and Kwon founded TerraUSD(UST) in 2018 in the South Korean firm Terraform Labs. They are known as the company's CEO. Kwon is a former Microsoft employee, and Shin is the founder and head of Chai's online payment service. They have raised $57 million in funding from prominent investors like HashKey Digital Asset Group, Divergence Digital Currency Fund, and Huobi Capital, according to deal-tracking service PitchBook. They have recently announced the future funding of around $150 million
The comparability of online resources and genuine cash makes bookkeeping and details simpler for the dealers. It likewise furnishes a versatile procedure for handling with none of the hindrances usually experienced in different courses of digital currency trade. The Terra trade framework additionally functions as a decentralized trade that helps more in such a manner.
The convention is straightforward. The age of Terra UST coin here requires trade or consuming LUNA coin in another language.
This coin is comparable to the worth of UST spent. It implies that the expense of printing is equal or practically equivalent to the assumed cost of stamped stable coins. For instance, to create 1 Terra UST value, your resources will consume an aggregate of 1 dollar in particular.
With the current examination and assumptions for things going up the diagram, specialists recommend Terra bitcoin going spots in the crypto market.
Late investigation shows a wellbeing position of 2.4 for TerraUSD UST with a +3.7% anticipated benefit. What's more, it is also expected that UST's cost will before long be moving to $1.04. Who said you couldn't benefit off of Stablecoin? It is unpredictable on a limited scale, and if you convey gigantic capital, you can acquire benefits.
TerraUSD is a stable coin, and it's a global rank. Vary between #50 to #60.
TerraUSD trades in a vast volume. Its total and circulating supply is 2.10 billion UST with the $2.10 billion. It is around $54.27 million.
TerraUSD is a stable coin and is available on topmost exchanges. So, it will be safe to buy crypto from valuable and trustable exchanges instead of from no-valuable exchanges because it makes our transactions better and secure. You can create an account on top exchanges In just three simple steps includes:
Once your selected exchange verifies your identity, you can start buying and trading TerraUSD. Some top exchange names have been given below; please check them.
Many exchanges do not allow users to deposit fiat currencies like INR, EURS, USD, and many more. In this case, you can buy other stable cryptocurrency pairs such as USDT/UST, USDC/UST, BTC/UST, ETH/UST equivalent of your fiat currency. Then you can convert it to TerraUSD(UST).
| TerraUSD Price | $0.99909549950 USD |
|---|---|
| 24 Hour High / Low | $1 USD / $0.99582612565 USD |
| 24 Hour Volume | $562,595,000 |
| Market Cap | $11,153,900,000.00 |
| Market Rank | #14 |
| All Time High / Low | $1.05 USD / $0.79285628000 USD |
|---|
| Circulating Supply | 11.16 B |
|---|---|
| Total Supply | 11.16 B |
| Max Supply | - |
| TerraUSD Price (BTC) | 0.00002929 |
| 1 Hour |
0.01%
|
| 24 Hours |
0.12%
|
| 7 Days |
0.12%
|
| TerraUSD/Bitcoin Ratio | 1 BTC = 0.00002936806 UST |
| Started | 31 December 1969 |
| Whitepaper | Download |
| Development status | - |
| Org. Structure | - |
| Open Source | - |
| Proof Type | Not mineable |
| Algorithm | None |
| Hardware wallet | 1 |
SINGAPORE (PRWEB) January 19, 2022 The Luna Foundation Guard (LFG), a non-profit organization based in Singapore, has announced its formation and mission object
Founded by Terraform Labs, non-profit Luna Foundation Group, is set out to support the stability of the stablecoin UST peg, and allocate grants for ecosystem bu
The crypto market has witnessed a massive selloff on Friday morning, with all the top altcoins posting red candles in solidarity with Bitcoin and Ethereum. Terr
Stablecoin USDC from Circle has experienced a surge in total supply that pushed it past Tether’s USDT on the Ethereum network.
