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Choose your quick section of our TerraUSD review below.
A Quick Overview of our TerraUSD Review:
Despite the surge in demand for stablecoins, many of those on the market lack scalability and this led to the creation of TerraUSD. TerraUSD aims to challenge the market leader in stablecoins, DAI.
TerraUSD Live Price
What is TerraUSD?
TerraUSD (UST) is a stablecoin that aims to benefit users and the community overall. TerraUSD is a decentralised, scalable, interest-bearing, and algorithmic stablecoin that has a wide range of different features.
Key Features and Takeaways of TerraUSD
TerraUSD is one of the top 100 cryptocurrencies in the cryptocurrency market that has the following key features and takeaways:
TerraUSD was launched in 2025 and it has grown into the role as the ultimate scalable stablecoin that has an infinitely scalable monetary policy.
Despite the surge in demand for stablecoins, many of those on the market lack scalability and this led to the creation of TerraUSD. TerraUSD aims to challenge the market leader in stablecoins, DAI.
TerraUSD offers users with a scalable solution to the decentralised finance (DeFi) market while many conventional blockchains struggle to overcome scalability issues.
Since TerraUSD’s launch, the stablecoin has shown success in conquering several competitors including GUSD, PAX, and others who are backed by fiat currency that is held in banks and subjected to user control.
Terra is the brainchild of Terraform Labs and it is the blockchain on which TerraUSD is based.
TerraUSD was launched with an array of features that no other stablecoin possesses, helping UST on its journey to the top of the cryptocurrency food chain.
Even though TerraUSD is still a new coin, it is difficult to ignore its unprecedented success in the industry, with analysts expecting more growth in the long-term. Experts have predicted that UST will soon overcome the top stablecoin in this category, MakerDAO’s DAI.
TerraUSD uses a few simple protocols and policies to achieve its essential features including scalability, yield-bearing, and various interchain capabilities.
TerraUSD takes advantage of pre-existing technology and innovations by combining several unique functions to provide users with optimal experiences.
TerraUSD is an algorithmic stablecoin and the cost of minting is equal to the value of minted stablecoins. TerraUSD uses LUNA, which is the native crypto of Terra, as a reserve asset.
Users who wish to mint one TerraUSD will burn one USD of Terra’s LUNA token out of the system.
Apart from these features, TerraUSD can earn stable yield by using the yield service called “Anchor”, which is something that other stablecoins have not incorporated.
With the Anchor protocol, users can access a lending and saving function that promises a 20% return on savings that are made in UST.
Users can borrow up to half of their staked LUNA, with collateral for loans in a bonded LUNA token, or bLUNA, which is a staked version of LUNA that can earn rewards.
The development team of TerraUSD plans to incorporate a native cryptocurrency from other Layer-0 chains to act as collateral soon.
TerraUSD also allows for blockchain ecosystems to link, resulting in a bridging protocol which is known as Dropship. Dropship allows for TerraUSD to integrate into DeFi platforms, other decentralised exchanges (DEX), and move between various blockchains.
The Dropship protocol helps TerraUSD boost and preserve its scalability. Dropship also ensures the stable value of UST because the supply and demand of LUNA determines the value of TerraUSD.
TerraUSD runs a Proof of Stake (PoS) consensus mechanism where miners must stake LUNA to mine Terra transactions.
This mining process requires that validators on the Terra network stake LUNA. Validators serve as oracles for the dollar price of LUNA and in return, they are rewarded with small quantities of tokens from UST transactions.
TerraUSD Mining – Pros and Cons
| ✔️Pros | ❌Cons |
|---|---|
| TerraUSD is highly scalable and offers various innovations that other stablecoins do not have | There is a lot of competition in the field with new projects being launched frequently, each incorporating existing and new features in a different way |
| TerraUSD has experienced success from its launch | |
| The association with Terra and LUNA further provides TerraUSD with credibility | |
| TerraUSD also incorporates yield-bearing and interchain technology | |
| TerraUSD has already surpassed a few competitors such as PAX and GUSD |
Transaction Fees
| Type of Fee | Information |
|---|---|
| Withdrawal Fees | 5 UST |
Should you buy TerraUSD?
TerraUSD has brought innovations that no other stablecoin projects have thought of incorporating. In addition to this, TerraUSD has had success since its launch. This has led to investors flocking to the stablecoin to invest their funds.
TerraUSD is the first stablecoin that offers interest-bearing capabilities and interchain migration while maintaining high levels of scalability, which is another point that attracts many investors.
The support that TerraUSD receives from LUNA ensures that there is a guarantee that the value of UST will remain stable and maintained, which is another factor that influences investor interest. There is also a lot of future growth and development possibility, especially with the integration of more apps.
Investors who place their trust in TerraUSD can look forward to future investment chances that will reward them handsomely.
How to buy TerraUSD (UST)
Step 1 – Register an account with Gate.io
Navigate to the official Gate.io website and select the option to “Sign Up” from the homepage.
Complete the online registration form by providing country/region, a selected username, email address, and user-selected password. Read and accept the User Agreement and Privacy and select “Next”.
Create a fund password and select “Create Account”. Complete the “I am not a robot” reCAPTCHA. Check your email inbox for the activation email and click on the link in the email. If the link does not work, you can copy and paste the URL into your browser.
Log into your account using your credentials and complete the reCAPTCHA.
Check your email again for the verification email that contains the 6-digit code and click on “Confirm”. Enter the code that you received into the blocks provided and select “Log In” to proceed.
Before you can use the platform to purchase TerraUSD/UST and other cryptocurrencies on Gate.io, you must complete the “Know Your Client” or KYC procedure to verify your identity and your proof of residence.
Click on “KYC Now” at the bottom of the webpage to start the process.
Select whether you are an individual or an organisation by selecting “Verify Now” under the relevant option.
Select your country from the dropdown list, enter your full name followed by confirmation thereof. Select your ID document type and provide your ID Number as shown on your official ID Document.
Click on the first image to upload a clear photo of the front of your ID document followed by a clear photo of the back of the document.
Next, write your Gate.io unique ID on a piece of paper and take a photo of yourself holding up your identity document (front) and the paper containing your unique ID.
Once you have done this, click on “Confirm and Submit”.
Next, you must enable the Timed One-Time Password (TOTP) to be able to log into your account. This can be done by clicking on “Set Now” at the bottom of the page.
On the new page that loads, select “Click here” to set up Two-factor Authentication.
Download Google Authenticator onto your mobile device by making use of any of the abovementioned methods.
Follow the steps indicated to add your Gate.io account by scanning the QR code or entering your unique key.
Enter the TOTP, your fund password, and the code sent to your email address and select “Enable Two-factor Authentication”. With this setup, you must use the Google Authenticator app to sign into your account every time.
Step 2 – Deposit funds
You must note that Gate.io is only a crypto-to-crypto exchange which means there is no fiat gateway. The only way through which funds can be added, is to transfer an existing crypto into your Gate.io wallet.
UST can only be bought through Tether/USDT or Bitcoin/BTC while it can be traded with USD as a futures contract.
Navigate to the deposit/withdrawal section by hovering over your account and selecting the relevant option. Choose from the list of coins in which you can make a deposit and select “deposit” next to the appropriate coin.
You will be redirected to a page which generates a deposit address for the coin that you wish to deposit.
Copy this address, or scan the QR code, into the wallet where you are making a withdrawal from and depositing to Gate.io and wait for the relevant blockchain to confirm your transaction. Once the transaction has been completed and verified by the nodes on the chain, the coins will be sent to the Gate.io wallet and you can start trading UST.
Step 3 – Explore your trading options
Gate.io offers a variety of ways through which cryptocurrencies can be obtained. Each of these can be explored individually depending on your trading needs and objectives.
To start trading UST, select the option from the “Trade” Menu. Enter “UST” into the search bar to see which trading options are available.
For spot trading, for instance and as an example, select UST_USDT. Once you have selected, you will be directed to the exchange page which corresponds to the cryptocurrency pair UST/USDT.
Here, you will see that you have the option to buy or sell UST either as a limit order, grid trading, or as a time condition. The most common trading method is that of limit trading and thus it will be used for this guide.
Step 3 – Buy UST through via Limit Order
To buy UST and create a limit order for it, you can enter the amount of UST you want to purchase, and the price you want to buy it at in USDT. This tool will tell you what the overall cost is in USDT, or any other chosen counter-currency, which will be deducted from your wallet once the order has been executed.
Step 4 – Sell UST through via Limit Order
To sell UST, find the panel under the chart and create a limit order for USDT according to your own preferences. Note that with a peg to USD, UST that you exchange for USDT will hold the flat value that it has despite market conditions in the cryptocurrency market.
Step 5 – Withdraw funds
To withdraw funds, you will use the same page in Gate.io which was used to make a deposit.
Click on the deposit/withdrawal option on your Account dropdown and find the wallet of the currency that you wish to withdraw. You can do this easily by using the search bar provided.
Instead of a deposit address being generated, you will do this on the exchange, or the wallet being used as the destination for withdrawal of funds from Gate.io. Paste the address of the receiving wallet in the field provided and provide your Gate.io fund password, email code, and TOTP before selecting “Submit Request”.
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Frequently Asked Questions
When was TerraUSD first launched?
TerraUSD was launched in 2025.
Who founded TerraUSD?
Do Kwon and Daniel Shin founded Terra, which is the company behind TerraUSD in 2019 and in September 2025, TerraUSD was released on Bittrex Global.
What is “ICO”?
It is Initial Coin Offering that, unlike an IPO, does not mean that those who invest in the cryptocurrency will have an ownership stake of the company that they provide funds to.
When was TerraUSD’s ICO and how much did it raise?
TerraUSD did not have an ICO.
Is TerraUSD legit?
Yes, TerraUSD is legit.
What is TerraUSD’s total supply?
There is a maximum supply of 1.9 billion UST that is dynamic.
What is the purpose of TerraUSD?
TerraUSD aims to benefit users and the community and sets out to challenge DAI, which is the stablecoin market leader.
On which blockchain is TerraUSD based?
TerraUSD is based on the Terra blockchain.
Does TerraUSD work with smart contracts?
Yes, TerraUSD has many use cases for smart contracts through Terra and other protocols.
Does TerraUSD have potential to become more valuable?
Yes, TerraUSD has the potential to become more valuable as a versatile, innovative stablecoin, especially if it can overthrow the market leader, DAI.
