Binance to Back Terra Classic Upgrade, Aims for repegging USTC $1

Binance has officially declared its support for the forthcoming Terra Classic (LUNC) upgrade to v2.2.1, rumor to support the ongoing community efforts to push TerraClassicUSD (USTC) to a value of $1.

The upgrade is scheduled to take place at block height 14,514,000, at approximately 14:15 (UTC) 12 September.

As part of this transition, Binance will temporarily suspend all deposits and withdrawals on the Terra Classic network, beginning at 13:15 (UTC) 12 September.

It’s important to note that this upgrade will have no impact on the trading of tokens within the Terra Classic (LUNC) network.

Link press on Binance: Binance Will Support the Terra Classic (LUNC) Network Upgrade | Binance Support

For more discussions on cryptocurrencies and financial trends, visit Bitforum Network:, the leading crypto forum. #Cryptocurrency #Finance bitforum #CryptoForum

Kudos for the team effort. It is a long road to 1$ USTC. :smiling_face_with_three_hearts: