Tether vs. TerraClassicUSD
Compare key details of Tether and TerraClassicUSD side by side in a structured table format. This overview highlights core features, differences, and relevant information for each option. Use it to review how various choices stack up across the category.
| Tether | TerraClassicUSD | |
|---|---|---|
| Symbol | USDT | USTC |
| Type | Fiat-backed | Algorithmic-backed |
| Collateralization Method | Cash & Treasury Reserves | Algorithmic via LUNC |
| Pegged To | USD | USD (Former) |
| Issuer | Tether Ltd. | Terra (Decentralized) |
| Blockchain Support | Ethereum, Tron, Omni, Solana | Terra Classic |
| Market Cap Rank | 1 | 10 |
| Reserve Transparency | Low (Monthly Attestations) | Low (Limited after crash) |
| Stability History | Generally Stable | Historically Volatile |
| Primary Use Cases | Trading, payments, cross-border transfers | Trading speculation (after depeg) |
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