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Easily convert USTC to CFX 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.
Conflux (CFX) is a blockchain platform designed to enable high throughput and scalability for decentralized applications. It uses a unique consensus mechanism called Tree-Graph, which allows multiple transactions to be processed simultaneously, enhancing efficiency and reducing latency in transaction times.