Terrausd Price (UST)

0.063 EUR 16.11 %

About Terrausd

Terrausd is a decentralized stablecoin running on Ethereum. This stablecoin is intended to hold the stable value of 1 USD. UST is not backed by US dollars stored in an account like other centralized stablecoins, but to mint 1TerraUSD you have to burn the value of 1 USD from the LUNA coin's asset pool.