Convert CETES tokenized stablebonds (Etherfuse) CETES to Nigerian Naira NGN
CETES to NGN: 1 CETES tokenized stablebonds (Etherfuse) converts to NGN 86.60 NGN as of October 6 at 12:40 PM
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About CETES tokenized stablebonds (Etherfuse)
CETES tokenized stablebonds (Etherfuse) is climbing this week. The current price of CETES tokenized stablebonds (Etherfuse) is NGN 86.60 per CETES. With a circulating supply of 10,551,619.238 CETES, it means that CETES tokenized stablebonds (Etherfuse) has a total market cap of NGN 914,573,013.01. The amount of CETES tokenized stablebonds (Etherfuse) traded has risen by NGN 797,567.79 in the last 24 hours, which is a 12.04% increase. Additionally, in the last day, NGN 6,625,707.93 worth of CETES has been traded.
The exchange rate of CETES tokenized stablebonds (Etherfuse) is increasing. The current value of 1 CETES is NGN 86.60 NGN. In other words, to buy 5 CETES tokenized stablebonds (Etherfuse), it would cost you NGN 432.99 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.01155 CETES while NGN 50.00 NGN would convert to 0.5774 CETES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.71%. Meanwhile, in the last 24 hours, the rate has changed by 0.4%, and that the highest exchange rate of 1 CETES to NGN was NGN 86.73 NGN and the lowest 24 hour value was 1 CETES for NGN 86.16 NGN. Last month, 1 CETES was worth NGN 91.47 NGN. Today, it's down 5.58%. Looking back a year, CETES tokenized stablebonds (Etherfuse) has changed by NGN 89.73 NGN. That means that in a single year, the value of CETES tokenized stablebonds (Etherfuse) has grown by 7.05%.
CETES tokenized stablebonds (Etherfuse) Market Stats
Etherfuse is a blockchain-based platform that tokenizes real-world assets, specifically sovereign debt. The platform is designed to expand access to financial products by bridging traditional finance (TradFi) and decentralized finance (DeFi). Integrating traditional instruments with blockchain infrastructure enabling assets that look like fiat, act like a bond, and move like crypto. - Stablebonds: Yield-bearing tokens representing fractional ownership of government treasury bonds. Each Stablebond is backed 1:1 by the underlying sovereign bond, with interest generated from the bond continuously compounding into the token's price; yield is realized by the holder upon redemption. - Sovereign Coins: A new class of digital currencies backed by government debt through Stablebonds. While traditional stablecoins are backed by fiat reserves, Sovereign Coins are backed by Stablebonds, maintaining a 1:1 peg to the local currency; unlike Stablebonds, they are non-yielding and designed for transactional use rather than savings. How Does Etherfuse Ensure Investor Security? Etherfuse uses a three-pronged approach to ensure investor security: regulatory compliance, asset segregation, and third-party verification. Regulatory Compliance: All products and services offered by Etherfuse operate legally in Mexico pursuant to CNBV Resolution P090/2024, which determined that its tokens do not require prior authorization — making Etherfuse the first and only Mexican blockchain company with regulatory clarity to engage the general public. Etherfuse also holds a mandate to perform brokerage activities in the securities market, including executing purchase and sale orders and providing custody, administration, and deposit services for all collateralized assets. Asset Segregation: Regulatory requirements and internal policy require a strict distinction between Etherfuse's own investment accounts and customer funds, ensuring all financial transactions are segregated. Additionally, each asset is registered under Swiss law through the Swiss DLT Act, providing a bankruptcy-remote structure that legally segregates customer assets from Etherfuse's own holdings. Third-Party Verification: All of this information is attested to through third-party firms which generate a Proof of Reserves report verifying that the funds held by Etherfuse match the funds owed to users, as well as the custodian breakdown of assets. All AML audit results and smart contract audit results are publicly available through the Etherfuse Platform.
Conversion tables
CETES to NGN values from Today at 12:40 pm
0.5 CETES = NGN 43.30 NGN |
1 CETES = NGN 86.60 NGN |
5 CETES = NGN 432.99 NGN |
10 CETES = NGN 865.98 NGN |
50 CETES = NGN 4,329.89 NGN |
100 CETES = NGN 8,659.79 NGN |
500 CETES = NGN 43,298.95 NGN |
1,000 CETES = NGN 86,597.89 NGN |
NGN to CETES values from Today at
NGN 0.50 NGN = 0.005774 CETES |
NGN 1.00 NGN = 0.01155 CETES |
NGN 5.00 NGN = 0.05774 CETES |
NGN 10.00 NGN = 0.1155 CETES |
NGN 50.00 NGN = 0.5774 CETES |
NGN 100.00 NGN = 1.15 CETES |
NGN 500.00 NGN = 5.77 CETES |
NGN 1,000.00 NGN = 11.55 CETES |
CETES to NGN over time
CETES | Today | 24H 0.23% | 1M -5.62% | 1Y -3.62% |
|---|---|---|---|---|
0.5 CETES | NGN 43.30 NGN | NGN 43.20 NGN | NGN 45.73 NGN | NGN 44.87 NGN |
1 CETES | NGN 86.60 NGN | NGN 86.40 NGN | NGN 91.47 NGN | NGN 89.73 NGN |
5 CETES | NGN 432.99 NGN | NGN 432.01 NGN | NGN 457.33 NGN | NGN 448.67 NGN |
10 CETES | NGN 865.98 NGN | NGN 864.02 NGN | NGN 914.65 NGN | NGN 897.34 NGN |
50 CETES | NGN 4,329.89 NGN | NGN 4,320.11 NGN | NGN 4,573.27 NGN | NGN 4,486.69 NGN |
100 CETES | NGN 8,659.79 NGN | NGN 8,640.22 NGN | NGN 9,146.53 NGN | NGN 8,973.38 NGN |
500 CETES | NGN 43,298.95 NGN | NGN 43,201.09 NGN | NGN 45,732.66 NGN | NGN 44,866.88 NGN |
1,000 CETES | NGN 86,597.89 NGN | NGN 86,402.18 NGN | NGN 91,465.33 NGN | NGN 89,733.76 NGN |
Frequently asked questions
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.






