USTC $USTC (TerraClassicUSD) is currently trading around $0.0126, showing slight positive movement in the past 24 hours. Once a stablecoin pegged to the US dollar, USTC lost its peg after the 2022 Terra ecosystem crash. Since then, the community has taken major steps to stabilize the token, including a permanent freeze on minting to control supply and reduce inflation. Despite no longer being a true stablecoin, USTC still sees active trading, with daily volumes ranging between $6 million to $22 million. A new repeg proposal is also under discussion, involving a more secure, collateral-based system to potentially restore its value. However, the road ahead remains speculative, especially after EU exchanges delisted USTC under the new MiCA regulation, which bans algorithmic stablecoins across the European region.#USNationalDebt #CryptoStocks