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Easily convert USTC to XSGD 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.
XSGD is a Singapore Dollar-backed stablecoin designed to provide a digital alternative to traditional currency while maintaining price stability. It aims to facilitate seamless transactions and remittances in the digital economy while leveraging the benefits of blockchain technology.