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Easily convert AMPL to USTC with ConvertOnline's efficient tool.
Ampleforth (AMPL) is a cryptocurrency designed to provide a decentralized and protocol-driven approach to monetary policy, utilizing a unique elastic supply mechanism. Unlike traditional cryptocurrencies that have a fixed supply, Ampleforth adjusts its supply daily based on demand, allowing each holder's balance to change in response to market conditions.
TerraClassicUSD (USTC) is an algorithmic stablecoin originally part of the Terra blockchain ecosystem, designed to maintain a stable value pegged to the US dollar. It aimed to facilitate seamless transactions and decentralized finance (DeFi) applications by providing a stable medium of exchange and a unit of account within the Terra network.