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Easily convert USTC to CBK with ConvertOnline's efficient tool.
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.
Cobak Token (CBK) is a utility token designed to facilitate transactions within the Cobak ecosystem, which focuses on enhancing the user experience in the cryptocurrency space. As a native token, CBK is used for various purposes including transaction fees, rewards, and governance within the Cobak platform.