Details about TerraUSD (Wormhole) cryptocurrency
€9,998
14.841
Unknown
https://wormholenetwork.com/
@wormholecrypto
TerraUSD (Wormhole) price charts
UST exchanges
TerraUSD (Wormhole), the crypto
TerraUSD (Wormhole) (UST) is a stablecoin that is tied to the US dollar and built on the Terra blockchain. It is part of the Wormhole network, which allows for cross-chain transfers between different crypto networks.
The point
The main point of TerraUSD (Wormhole) (UST) is to provide a stable and reliable medium of exchange for users of the Terra blockchain and the wider crypto ecosystem. By being pegged to the US dollar, it helps to minimize price volatility and uncertainty for users of the coin.
The problem
TerraUSD (Wormhole) (UST) tries to solve the problem of price volatility and uncertainty that can be a barrier to adoption and use of cryptocurrencies. By providing a stablecoin that is pegged to the US dollar, it allows users to conduct transactions and store value without worrying about fluctuations in cryptocurrency prices. Additionally, as part of the Wormhole network, it enables users to transfer funds across different blockchain networks, further increasing the utility and accessibility of cryptocurrencies.
Compare UST and BTC performance
| Timeframe | UST | BTC |
|---|---|---|
| 1h change | -0.0851374 % | 0.0273948 % |
| 24h change | 0.51 % | 0.132108 % |
| 7 day change | 17.06 % | 4.34499 % |
| 14 day change | -19.31 % | -2.41834 % |
| 30 day change | -32.9 % | 0.364837 % |
| 200 day change | 68.58 % | 135.369 % |
| Year change | 0.68 % | 150.504 % |