$USTC : From Dollar Dream to DeFi Drama
Price: $0.01245 | Change: -4.3%
Once pegged to $1. Now pegged in crypto history.
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Born to Break the Mold — and It Did.
Created by visionaries Do Kwon & Daniel Shin, $UST (now $USTC) was the heart of Terra’s bold algorithmic experiment.
A Timeline of Triumph & Turbulence:
2018: Terra is conceived — the future of decentralized finance.
2019: Mainnet goes live. Momentum builds.
2020: $UST is launched, paired with $LUNA’s mint-burn mechanism.
2022: The Great Depeg — billions wiped. Confidence shattered.
Today: Reborn as $USTC — a “classic” in name, a cautionary tale in function.
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From Hero to Headline.
What was once a symbol of DeFi stability is now a relic — but also a lesson.
Key Takeaways:
$USTC = Former $UST
No longer pegged. No longer stable.
A critical chapter in crypto's story of risk, innovation, and fallout.
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Love it or learn from it — USTC remains a reminder:
Innovation without safety nets can change the game... or break it.
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