The Terra Classic blockchain once introduced SDTC, a stablecoin designed to track the value of the International Monetary Fund’s Special Drawing Rights (IMF SDR). This global benchmark was intended to make SDTC more stable than dollar-pegged coins, but the plan unraveled during the Terra ecosystem collapse.
What Was SDTC?
SDTC stood out because it was not tied to a single currency. Instead, it followed the IMF SDR, a basket of major currencies including the US dollar, euro, Chinese yuan, Japanese yen and British pound. This design was meant to reduce volatility and attract international users to the Terra Classic network.
