The below TerraUSD price chart tracks the price of TerraUSD against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.
✓Algorithmic stablecoin ✓Pegged 1:1 to USD ✓Decentralised
TerraUSD (UST) is an algorithmic stablecoin built on the Terra (LUNA) network. The Terra network algorithmically adjusts its supply according to supply and demand, so UST remains pegged 1:1 to the US Dollar 24/7. Its stability makes it a popular form of collateral on DeFi platforms.
TerraUSD plays an important role in the crypto space, as it gives traders and investors access to a USD equivalent without having to rely on the traditional banking system. The Terra network was founded in 2018 and now supports a number of decentralised stablecoins, including TerraUSD (UST).
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Quickly compare the past seven days’ price movements of TerraUSD with other cryptocurrencies.