Is ust the same as Usdt?

Terra’s UST is now the biggest decentralized stablecoin, and it is no better than Tether . Minting unbacked stablecoins while hoping that there won’t be a big influx of withdrawals—that’s the financial model of the biggest centralized stablecoin, $77 billion valued Tether’s USDT.

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What is UST coin?

Token. 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.

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How much is UST worth?

UST Price Statistics TerraUSD Price$0.9993Price Change24h-$0.002467 0.25%24h Low / 24h High$0.9989 / $1.00Trading Volume24h$444,557,044.18 25.63%Volume / Market Cap0.02778TerraUSD price today, UST to USD live, marketcap and chart coinmarketcap.com › currencies › terrausd

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