Is TerraUSD the same as UST?

LUNA is the Terra protocol’s native token, used for staking, governance and collateral for the network’s algorithmic stablecoins . LUNA coin holders can stake their tokens to earn rewards and use their weight to vote on governance proposals for the ecosystem. LUNA has a dynamic supply of 1 billion coins.

TerraUSD (UST) is the decentralized and algorithmic stablecoin of the Terra blockchain . Its value is pegged 1:1 to the US dollar, making it an ideal medium of exchange on DeFi and TraFi platforms. We support the Ethereum (ERC-20) version of UST, which is a multi-chain asset.

Here’s how to buy TerraUSD with the Coinbase app for U.S. residents.