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Terra USD (UST) is an algorithmic stablecoin that is pegged to the US Dollar by Terra LUNA.

Bitcoin fell below $77,000 during Asian morning trading on November 3, reversing its previous day’s recovery

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This is about what is Terra Classic USD crypto. Terra Classic USD (USTC) is a decentralized and algorithmic stablecoin that is pegged to the US dollar.
After dominating headlines in May, UST has been a hot topic in the cryptocurrency industry. The cryptocurrency, also known as TerraUSD, has been a major source of concern for regulatory bodies in terms of stablecoin regulation. This short guide will help you understand what Tera UST, and the UST address.
The primary function of TerraUSD (UST) is to maintain the value of 1 UST = $1 through a "mint/burn" mechanism. It is a decentralized algorithmic stablecoin. What is BTC UST? What is BTC to UST?