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Easily convert TLTON to USTC with ConvertOnline's efficient tool.
The iShares 20+ Year Treasury Bond Tokenized ETF (Ondo) (TLTon) is a digital representation of a traditional exchange-traded fund that invests in U.S. Treasury bonds with maturities of 20 years or more. By tokenizing this ETF, it allows for greater accessibility and liquidity, enabling investors to trade fractional shares on blockchain platforms, thus broadening the market reach and enhancing the investment experience.
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.