Can TerraClassicUSD (USTC) Ever Repeg to $1? – An In-Depth Analysis by Everymansci.com

https://www.everymansci.com/economy/can-terraclassicusd-ustc-ever-repeg-to-1-an-in-depth-analysis/

TerraClassicUSD (USTC) – the collapsed stablecoin formerly known as TerraUSD (UST) – has become a speculative curiosity in the crypto world. Once designed to maintain a $1 peg via an algorithmic linkage with sister token LUNA, USTC infamously lost its peg during the Terra ecosystem meltdown of May 2022. Now trading at mere cents, USTC in 2025 is the subject of feverish community efforts aiming to “repeg” it to $1. This article takes a critical look at USTC’s background, the ongoing burn campaigns, market dynamics, community proposals, and whether any path to $1 is realistic. We’ll examine on-chain data, Uniswap pool antics, and the role of major players like Binance – all through a Bitcoin-focused, crypto-skeptical lens. Can this “zombie” stablecoin rise again, or are current speculators chasing an impossible dream?