Convert Convertible JPY Token CJPY to PayPal USD PYUSD
1 CJPY converts to 0.004267 PYUSD
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About CJPY and PYUSD
Convertible JPY Token is falling, while PayPal USD is climbing this week. The current CJPY to PYUSD conversion rate is 0.004267. Inversely, this means that if you convert 1 PYUSD you will get 234.37 CJPY. The conversion rate of CJPY/PYUSD has increased by 0.01% in the last hour (PYUSD/CJPY decreased by 0.01%). In the last 24 hours, CJPY/PYUSD shrunk by 2.9%, while PYUSD/CJPY grew by the same amount.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.004267 PYUSD. In other words, to buy 5 Convertible JPY Token, it would cost you 0.021334 PYUSD. Inversely, 1 PYUSD would allow you to trade for 234.37 CJPY while 50 PYUSD would convert to 11,718.30 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.14%. Meanwhile, in the last 24 hours, the rate has changed by 2.9%, and that the highest exchange rate of 1 CJPY to PYUSD was 0.004391 PYUSD and the lowest 24 hour value was 1 CJPY for 0.004207 PYUSD. Last month, 1 CJPY was worth 0.005282 PYUSD. Today, it's down 23.79%. Looking back a year, Convertible JPY Token has changed by 0.00597 PYUSD. That means that in a single year, the value of Convertible JPY Token has shrank by 39.92%.
Convertible JPY Token Market Stats
What is the project about? CJPY represents a collateral debt position issued on Yamato Protocol, a decentralized and non-custodial platform on Ethereum developed by DeFiGeek Community Japan. CJPY serves as an ETH overcollateralized stablecoin designed to maintain a peg to the Japanese Yen. In the future, the Yamato protocol will expand to encompass various tokens as collateral, and a diverse range of fiat stablecoins will be introduced, initially including USD and EUR pegs. What makes your project unique? Yamato Protocol distinguishes itself through 5 attributes as a decentralized and non-custodial crypto overcollateralized stablecoin: 1. High Collateral Factor: The protocol permits a minimum health rate of 130%, ensuring efficient use of collateral. 2. Absence of Accrued Interest: Users are subject solely to a one-time issuance fee upon generating CJPY. 3. Non-Forced Liquidation: No penalty for liquidation. Debt positions with health rates below 130% can be redeemed by any users via CJPY acquired from the market. 4. Redemption by protocol: Accrued CJPY fees on protocol can be used to redeem debt position under threshold. 5. Subrogation Mechanism: The protocol employs the accumulated CJPY fees to subrogate debt positions falling below the 100% health rate threshold. History of your project. January 2021: The DeFiGeek Community Japan embarked on the development of Yamato Protocol, a decentralized and non-custodial crypto overcollateralized stablecoin pegged to JPY. The community has functioned with an inclusive approach, welcoming all developers and contributors who are eager to take part in the enhancement of DeFi applications and tools that drive the advancement of Web3 technology. Milestones of Yamato Protocol: November 2021: The alpha testing phase commenced on the Rinkeby testnet. January 2022: The beta testing phase debuted on the Rinkeby testnet. May 2022: The second beta testing phase transpired on the Rinkeby testnet. June 2023: Successful completion of the initial audit. July 2023: Launch of version 1 on the Ethereum mainnet. What’s next for your project? At present, Yamato Protocol stands at version 1.0 without a utility token. Anticipated milestones include: Version 1.5 (2023): Introduction of the DAO utility token and the implementation of ve(vote-escrowed) governance. Version 2.0 (Late 2023): Enabling issuance of additional stablecoins like CEUR (convertible EUR) and CUSD (convertible USD). What can your token be used for? CJPY represents a decentralized JPY-pegged token on the Ethereum blockchain, offering versatility to users and other protocols. Its anticipated adoption spans various DeFi Dapps, encompassing DEX and lending protocols. Given its decentralized and non-custodial nature, CJPY holds the potential for widespread adoption as a payment medium within the Japanese crypto business ecosystem.
PayPal USD Market Stats
PayPal USD (PYUSD) is a stablecoin pegged to the U.S. dollar. PYUSD is redeemable on a 1:1 basis for U.S. dollars and collateralized by U.S. dollars held in cash or cash equivalents.
Conversion tables
CJPY to PYUSD values from Today at 1:47 pm
0.5 CJPY = 0.002133 PYUSD |
1 CJPY = 0.004267 PYUSD |
5 CJPY = 0.02133 PYUSD |
10 CJPY = 0.04267 PYUSD |
50 CJPY = 0.2133 PYUSD |
100 CJPY = 0.4267 PYUSD |
500 CJPY = 2.13 PYUSD |
1,000 CJPY = 4.27 PYUSD |
PYUSD to CJPY values from Today at 1:48 pm
0.5 PYUSD = 117.18 CJPY |
1 PYUSD = 234.37 CJPY |
5 PYUSD = 1,171.83 CJPY |
10 PYUSD = 2,343.66 CJPY |
50 PYUSD = 11,718.30 CJPY |
100 PYUSD = 23,436.60 CJPY |
500 PYUSD = 117,182.98 CJPY |
1,000 PYUSD = 234,365.95 CJPY |
CJPY to PYUSD over time
CJPY | Today | 24H -2.90% | 1M -23.79% | 1Y -39.92% |
|---|---|---|---|---|
0.5 CJPY | 0.002133 PYUSD | 0.002195 PYUSD | 0.002641 PYUSD | 0.002985 PYUSD |
1 CJPY | 0.004267 PYUSD | 0.004391 PYUSD | 0.005282 PYUSD | 0.00597 PYUSD |
5 CJPY | 0.02133 PYUSD | 0.02195 PYUSD | 0.02641 PYUSD | 0.02985 PYUSD |
10 CJPY | 0.04267 PYUSD | 0.04391 PYUSD | 0.05282 PYUSD | 0.0597 PYUSD |
50 CJPY | 0.2133 PYUSD | 0.2195 PYUSD | 0.2641 PYUSD | 0.2985 PYUSD |
100 CJPY | 0.4267 PYUSD | 0.4391 PYUSD | 0.5282 PYUSD | 0.597 PYUSD |
500 CJPY | 2.13 PYUSD | 2.20 PYUSD | 2.64 PYUSD | 2.99 PYUSD |
1,000 CJPY | 4.27 PYUSD | 4.39 PYUSD | 5.28 PYUSD | 5.97 PYUSD |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about $0.004267.
Based on the current rate, you could get 234.37 CJPY for 1 USD.
Convertible JPY Token price has been declining. Since yesterday, the exchange rate of Convertible JPY Token has decreased. Since last month, the exchange rate of Convertible JPY Token has decreased. Since this time last year, the price of Convertible JPY Token has decreased.
You can use our CJPY to USD calculator at the top of this page to convert any amount of CJPY to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 1,171.83 CJPY. Inversely, 5 CJPY will cost about $0.02133
Convertible JPY Token can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Convertible JPY Token.
There are a number of crypto assets that have the a similar or comparable market cap to Convertible JPY Token, including NianNian, Liquid CRO, and Moonlander. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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