What is the terrausd price?

The TerraUSD price is $0.02, a change of 0.48% over the past 24 hours as of 8:17 a.m. The recent price action in TerraUSD left the tokens market capitalization at $203,254,828.31. So far this year, TerraUSD has a change of 7.08%. TerraUSD is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).

What is terrausd (Ust)?

So far this year, TerraUSD has a change of 7.08%. TerraUSD is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS). TerraUSD (UST) is a stablecoin hosted by the Terra network and created by South Korea’s Terraform Labs. TerraUSD is one of a number of Terra stablecoins pegged to key currencies.

What's the future of terrausd?

While a TerraUSD price prediction should always have stayed at $1, after the Terra blockchain was officially halted temporarily and UST became depegged, the coin’s future under its new name looks bleak. UST was designed to be worth one dollar, always and forever.

Is terrausd a stablecoin?

Every stablecoin works differently and is managed by a different group or organization. In the case of TerraUSD, the currency is a part of the Terra ecosystem, which also operates the Terra (LUNA). The TerraUSD currency is not backed by U.S. dollar-denominated assets.