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TerraClassicUSD

Is TerraClassicUSD (USTC) halal or haram?

Not screened yet

We have not run our Shariah screening on TerraClassicUSD yet, so we are not giving a ruling on this page. What is below is what we have gathered and checked ourselves, without any AI: where the coin lives, its supply, what its own blockchain says about who can freeze or create coins, and the project's own documents.

Screen USTC now Runs our full screening and publishes the verdict on this page.

What it is

TerraClassicUSD (USTC) was originally launched as an algorithmic stablecoin within the Terra ecosystem, designed to maintain a peg to the US dollar through an automated market-Module mechanism with LUNA (now LUNC).

The basics

Where it lives
token on terra (also on osmosis)
Circulating supply
5,572,364,090 USTC
Total supply
6,076,095,684 USTC
Category
Stablecoins, USD Stablecoin, Seigniorage

Who controls the coins

Token on terra. Its contract was not read: we read Ethereum-style chains, Solana, Sui, Stellar, Algorand and Hedera directly, and not this one yet.

Whether anyone can freeze a holder's balance, or create new coins, is part of our screening, and it is checked there.

The project's own sources

Checked on 23 September 2026. Every address above was fetched once to confirm it loads.