Pax Dollar vs Terra USD — how do they compare? Pax Dollar trades at Rp17,861 (market cap Rp570,67M, Rp64,38M 24h volume), while Terra USD trades at Rp86.61 (market cap Rp480,57M, Rp22,39M 24h volume). The key difference: Pax Dollar is the larger of the two by market cap, and Terra USD's supply is capped (5,6B / 6,1B USTC (92%)) while Pax Dollar's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Pax Dollar for 48 Days and Terra USD for 57 Days on average.
| USDP | USTC | |
|---|---|---|
Market Cap | Rp570,67M | Rp480,57M |
Volume (24h) | Rp64,38M | Rp22,39M |
Circulating Supply | 32M USDP | 5,6B / 6,1B USTC (92%) |
Typical Hold Time | 48 Days | 57 Days |
What Pluang investors did over the last 30 days
Pax Dollar is a fiat-collateralized stablecoin that offers the advantages of transacting with blockchain-based assets while mitigating price risk. The Pax Dollar tokens (USDP) are issued as ERC-20 tokens on the Ethereum blockchain and are collateralized 1:1 through the USD held in Paxos-owned US bank accounts. It is also the one of three stablecoins approved by Wall Street regulators, alongside GUSD and BUSD.
Read more on USDP →USTC is the decentralized and algorithmic stablecoin of the Terra blockchain. It is a scalable, yield-bearing coin that is value-pegged to the US dollar. The stablecoin in the Terra ecosystem shares the total liquidity, meaning users can exchange TerraUSD to TerraKRW (their stablecoin pegged to the Korean Won) with minimal fees. Additionally, users can gain passive income using TerraUSD with the Anchor lending protocol's stable interest rates.
Read more on USTC →