What is TerraClassicUSD (USTC)?
TerraClassicUSD is a decentralized algorithmic USD-pegged stablecoin issued by Terra. It was originally created in 2019 with the name TerraUSD, but after the collapse of the Terra ecosystem in 2022, which led to the depeg of the token, the token was aborted and its name was changed to TerraClassicUSD. Subsequently, a new TerraUSD was released to replace the depegged TerraClassicUSD.
How TerraClassicUSD (USTC) Works
As an algorithmic USD-pegged stablecoin, USTC is secured by the native token of the old Terra network, LUNA (now rebranded as LUNC), through the seigniorage process. This means that for every USTC minted, an amount of LUNC equivalent to $1 is burned. The opposite applies for the burning of USTC.
Though USTC and LUNC were forsaken by the original developer team after the collapse of Terra in 2022, a new developer community has taken up the work and continues building the ecosystem.
How Many TerraClassicUSD (USTC) Tokens Are in Circulation?
USTC does not have a total supply because its supply and price are controlled by the reserve and algorithms. USTC’s circulating supply is 9,799,450,284
How to Buy TerraClassicUSD (USTC)
Consider investing in TerraClassicUSD (USTC)? It only takes 2 minutes to create an account on Bitget and start trading USTC.
Check out the available USTC trading pairs on Bitget!
Spot market
TerraClassicUSD (USTC) Resources
Buy TerraClassicUSD in Peru with Bitget
Simple 3-step guide to buying USTC today in Peru
Create your free Bitget account
Select a funding method
Complete your TerraClassicUSD purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for TerraClassicUSD using a payment method of your choice:
Buy TerraClassicUSD with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your TerraClassicUSD order.
How to buy crypto with credit/debit cardBuy TerraClassicUSD with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into TerraClassicUSD is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your TerraClassicUSD order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your TerraClassicUSD order.Buy TerraClassicUSD with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your TerraClassicUSD order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor TerraClassicUSD in your Bitget spot wallet
Bitget—where the world trades TerraClassicUSD
How to buy TerraClassicUSD for free
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Buy TerraClassicUSD in a different country
Located on the Pacific coast of South America, Peru is the third largest country in the continent, boasting a population of 32 million. Lima stands as both its capital and biggest city and is home to almost a third of the country’s entire population, overlooking Peru’s scenic western coast while serving as the nation’s political, financial, commercial, and cultural hub.
If you’re a fan of the great outdoors, Peru is perfect for those looking to experience a diverse range of biomes, spanning from the Pacific Ocean by the west to the famed Andes mountains running from north to south and finally to the Amazon Rainforest and River located in the east.
Economically, Peru is also one of the region’s most prosperous countries, reporting an average growth rate of 5.9% in 2017 and an industrial growth rate of 9.6% as of 2018. It forms part of an economic group in Latin America known as The Pacific Pumas and also actively partakes in the Asia-Pacific Economic Cooperation forum, the Pacific Alliance trade bloc, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, and the World Trade Organization.
Peru’s national currency is the Sol (PEN), and with direct support from Bitget, you can purchase TerraClassicUSD(USTC) in a matter of minutes, whether you’re in Lima, Arequipa, Trujillo, Chiclayo, or elsewhere in the country. Our exchange uses a variety of secure methods including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and numerous credit cards to offer you plenty of payment options with proven security.