USTC Surprises With Nearly 60% Rally – What’s Going On?

The value and popularity of TerraUSD Classic, or USTC, the algorithmic stablecoin of the Terra Classic (LUNC) ecosystem, have skyrocketed recently.
Today, the stablecoin makes a surprise rally, sparking a great deal of interest among investors and cryptocurrency aficionados.
The sharp growth in USTC could be an indication of a sharp rise in demand and emphasizes the market’s rising confidence in this stablecoin.
Data from crypto market tracker Coingecko shows USTC trading at $0.0186, notch