USDC
USD Coin (USDC) is a cryptocurrency stablecoin which is issued by Circle. Unlike other tokens with price volatility, USDC is a fully-reserved digital dollar backed 100% by highly liquid cash and cash-equivalent assets and is redeemable 1:1 for US dollars.
TerraClassicUSD (USTC), once hailed as an innovative algorithmic stablecoin, suffered one of the most dramatic collapses in crypto history. Originally pegged to the US dollar through a mint-and-burn mechanism involving LUNA, USTC lost its peg in May 2022, triggering a systemic crash that shook the entire market. This article explores the rise and fall of USTC, its current state on the Terra Classic blockchain, community-led revival efforts, and realistic price predictions through 2030. Can USTC be resurrected, or is it a cautionary tale of unbacked stablecoins?
5/11/2025, 9:38:19 AM
USDC (USD Coin) is a stablecoin that aims to provide a digital representation of the U.S. dollar, offering stability and reliability in the volatile world of cryptocurrencies. It is designed to maintain a 1:1 peg with the U.S. dollar, making it a popular choice for traders and investors seeking to mitigate volatility.
5/11/2025, 9:38:18 AM
USD Coin (USDC) is a type of stablecoin, which is a cryptocurrency designed to maintain a stable value. Here is a detailed introduction:
5/11/2025, 9:38:11 AM