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Easily convert USTC to SUSD 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.
sUSD (SUSD) is a decentralized stablecoin pegged to the US Dollar, designed to maintain price stability while leveraging the capabilities of the Ethereum blockchain. It is part of the Synthetix protocol, allowing users to trade synthetic assets that mirror the value of real-world assets, like fiat currencies or commodities.