2025/06/15#Ctalks Yesterday's Hot Topics
1️⃣ Trump’s Financial Disclosure: He owns an Ethereum wallet with assets valued between $1 million and $5 million. DT Marks Defi LLC holds a 75% ownership stake in the company WLFI.
2️⃣ ConsenSys Founder Statement: ConsenSys has developed short- and medium-term strategic plans, which involve protocolizing existing products and launching several new projects. As Web3 protocols typically operate with tokens, multiple protocols will be launching their own tokens in the future.
3️⃣ Terra Classic: A draft proposal for Market Module 2.0 has been submitted, aiming to restart the USTC and LUNC swap spiral mechanism.
#Ctalks #NewsDigest #Crypto #Web3 #Trending
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siren
$USTC is trading at $0.01351, with a 24-hour volume of $45.62 million and a market cap of $75.63 million—up 20.6% in the last day. USTC’s sudden spike follows the launch of its new cross-chain bridge on Wormhole—unlocking fresh Treasury-backed liquidity across Solana and Avalanche—was turbo-charged by yesterday’s governance-approved buyback program that burned 200 million USTC (tightening supply), and has been further bolstered by whale accumulation as large holders withdrew tokens from exchanges ahead of a rumored relaunch of the Anchor Protocol, while a decisive technical reclaim of the $0.012 pivot on heavy volume drew momentum traders back into $USTC.
It is time to make crypto intuitive and accessible.
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Station Roadmap
1) Relaunch
2) Help stranded $LUNA $LUNC $UST $USTC holders migrate
3) Integrate BTC, SOL, ETH and more
4) Wrap @RujiraNetwork apps (Trade, Pools, Perps, Ventures and more)
5) Integrate @vultisig AI-Agents and Apps
Time to restart The Station
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TerraClassicUSD price performance in USD
The current price of TerraClassicUSD is $0.011690. Over the last 24 hours, TerraClassicUSD has decreased by -8.03%. It currently has a circulating supply of 5,594,343,670 USTC and a maximum supply of 6,095,265,446 USTC, giving it a fully diluted market cap of $65.51M. At present, TerraClassicUSD holds the 197 position in market cap rankings. The TerraClassicUSD/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
TerraClassicUSD (USTC), previously known as TerraUSD (UST), is the decentralized and algorithmic stablecoin of the Terra Classic blockchain, created to deliver scalable DeFi solutions across chains. USTC is the name and ticker symbol of TerraClassicUSD.
Popular stablecoins like Tether (USDT) and USD Coin (USDC) are controlled by centralized companies. Conversely, USTC is an algorithmic stablecoin aiming to build a fully decentralized finance ecosystem.
To mint USTC, you must burn the equivalent USD amount of Luna Classic (LUNC). Terra's market module algorithm always allows you to trade 1 USD worth of LUNC for 1 USTC and vice versa, regardless of the market price of USTC. Arbitrageurs are, thus, incentivized to maintain the price of USTC every time the value of USTC fluctuates from the pegged price.
Terra has a list of other algorithmic stablecoins pegged to their fiat counterparts. For example, TerraKRW (KRT) tracks the South Korean Won. You can swap between Terra stablecoins with minimal fees, allowing you to exchange international currencies easily.
USTC price and tokenomics
USTC stablecoin does not have a capped supply. Instead, new USTC tokens enter into circulation when LUNC tokens are burned. After the UST depeg, UST is now known as USTC and only trades on the old Terra Classic blockchain.
Similarly, the original LUNA token is renamed Luna Classic, while the new Terra 2.0 token takes the name LUNA. Terra LUNA and most of its DeFi DApps migrated to the new Terra 2.0 chain. According to co-founder Do Kwon, USTC will not be migrated to the new Terra chain, and there will be no updated version of the algorithmic stablecoin.
About the founders
Daniel Shin and Do Kwon founded Terraform Labs in 2018. The Terra Alliance, a group of e-commerce companies in South Korea, incubated this software development company. Terraform Labs launched their USD-pegged stablecoin TerraUSD in September 2020.
Shin is a Wharton School graduate. Before creating Terra, he founded the leading e-commerce platform TMON, startup incubator Fast Track Asia and the popular Chai Payment app.
On the other hand, Kwon, a Stanford graduate, worked in Microsoft's natural language processing team. In 2019, he was also featured in the Forbes 30 Under 30 list.
Terra raised 58 million USD as of January 2021. Later, in their July 2021 funding round, they raised another 150 million USD. Their investors include big names like Pantera Capital, Galaxy Digital, and Coinbase Ventures, to name a few.
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 50 new posts about TerraClassicUSD, driven by 27 contributors, and total online engagement reached 892 social interactions. The sentiment score for TerraClassicUSD currently stands at 84%. Compared to all cryptocurrencies, post volume for TerraClassicUSD currently ranks at 13114. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of TerraClassicUSD.
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TerraClassicUSD FAQ
How much is 1 TerraClassicUSD worth today?
Currently, one TerraClassicUSD is worth $0.011690. For answers and insight into TerraClassicUSD's price action, you're in the right place. Explore the latest TerraClassicUSD charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as TerraClassicUSD, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as TerraClassicUSD have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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