HowTo send terra UST to SOL USDC 💁
Transferring between networks can be a bit of a pain and often involves a few steps. If you need to get your UST from terra to USDC in SOL, then here is your 2 step process.
Step 1: Wormholebridge to send UST to the Solana network
Make your way to https://wormholebridge.com/#/transfer and select to go from Terra to Solana. At this point, you will need to connect your terrastation wallet and enter the amount to transfer.
Now (as below) you will need to connect your SOL wallet. In my case, its Phantom. Now continue to click next with and approve the various transactions that come up. This step will send your tokens from terra.
You can now redeem your Tokens into your phantom wallet as below. Again, approve a few times as it completes this step
You will now see the UST in your phantom wallet.
Step 2: Convert wrapped UST to USDC
You can now use the appropriate exchange to swap the UST to USDC at https://docs.wormholenetwork.com/wormhole/overview-liquid-markets
Saber seems to be the common one, so lets head over to Saber protocol and perform the swap as below:
Life is good and we have moved our USD from terra to Solana.