Terra Classic Community has decided to stop printing on USTC, which shook the Terra ecosystem. Due to the depreciation and problematic minting of USTC, the community decided to discontinue this exchange mechanism. This step aims to burn the tokens produced during the crash and return the cryptocurrency to its original value. As of now, the community has successfully burned approximately 75 billion tokens and the value of USTC is set at $0.012. This decision can be considered as part of the effort to balance the Terra Classic ecosystem.


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