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Easily convert USDC to USTC with ConvertOnline's efficient tool.
USDC (USD Coin) is a stablecoin pegged to the US dollar, designed to provide a reliable digital currency for transactions within the cryptocurrency ecosystem. It is fully backed by reserves of fiat currency and is issued by regulated financial institutions, ensuring transparency and security in its operation.
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.