#USTC
Current price: Around $0.0116.
PKR equivalent (approx.): ~ ₨3.50 per USTC.
Circulating supply: ~ 5.58 billion USTC
Market Cap: ~ USD 45–50 million.
All-Time High (ATH): ~$1.05 — USTC is currently ~99% below that.
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🔎 What’s Going On — Recent Developments & Analysis
The project behind USTC (previously functioning as a stablecoin) is trying to reinvent its utility: recent updates include a staking proposal (Q4 2025) and ecosystem upgrades such as cross-chain integration via Cosmos SDK.
The plan also contemplates re-activating an algorithmic stabilization mechanism (“Market Module 2”) — possibly aiming for a partial re-peg or at least improved tokenomics.
On the negative side: many exchanges (some major) have delisted or limited USTC trading pairs due to low liquidity and regulatory/regulation compliance concerns — which reduces liquidity and could hamper adoption.
Even though there have been community efforts like token burns and staking proposals to shrink supply and boost demand, USTC price remains extremely far from its previous peg. #BinanceBlockchainWeek #TrumpTariffs #CryptoRally #BTC86kJPShock