What is USD coin used for?

Dogecoin (DOGE) The coin is certainly “cheap” at under $0.15 per coin as of March 8, especially compared to its 52-week high of $0.7376. At $0.119, the current price is the lowest dogecoin has seen in over 11 months.

TerraUSD is a decentralized stablecoin running on Ethereum that attempts to maintain a value of US$1.00 . Unlike centralized stablecoins, UST isn’t backed by US dollars in a bank account. Instead, in order to mint 1 TerraUSD, US$1.00 worth of TerraUSD’s reserve asset (LUNA) must be burned.

Fortunately you can buy TerraUSD with the Coinbase app anywhere Coinbase is available . It’s quick, easy, and secure. Here’s how to buy TerraUSD with the Coinbase app for U.S. residents.

How to Buy TerraUSD (UST) [For Beginners]