Convert Chain-key USDT CKUSDT to Paxos Standard PAX
CKUSDT to PAX: 1 Chain-key USDT converts to 1.00 PAX
Chain-key USDT (CKUSDT) is not tradable on Coinbase.
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About CKUSDT and PAX
Chain-key USDT is climbing, while Paxos Standard is falling this week. The current CKUSDT to PAX conversion rate is 1.00. Inversely, this means that if you convert 1 PAX you will get 0.9976 CKUSDT. The conversion rate of CKUSDT/PAX has increased by 0.01% in the last hour (PAX/CKUSDT decreased by 0.01%). In the last 24 hours, CKUSDT/PAX grew by 0.05%, while PAX/CKUSDT shrunk by the same amount.
The exchange rate of Chain-key USDT is decreasing. The current value of 1 CKUSDT is 1.00 PAX. In other words, to buy 5 Chain-key USDT, it would cost you 5.01 PAX. Inversely, 1 PAX would allow you to trade for 0.9976 CKUSDT while 50 PAX would convert to 49.88 CKUSDT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.12%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 CKUSDT to PAX was 1.00 PAX and the lowest 24 hour value was 1 CKUSDT for 0.9976 PAX. Last month, 1 CKUSDT was worth 1.00 PAX. Today, it's up 0.13%. Looking back a year, Chain-key USDT has changed by 1.01 PAX. That means that in a single year, the value of Chain-key USDT has shrank by 0.93%.
Chain-key USDT Market Stats
ckUSDT is a digital twin of USDT on the Internet Computer Protocol network. Fully backed 1:1 by USDT, ckUSDT is powered by Chain-key technology which allows for cross chain interoperability without centralized intermediaries or bridges. Canister smart contracts on ICP can integrate with the Ethereum network using a combination of replicated HTTPS outcalls to a known set of public Ethereum nodes to read state and submit transactions, and chain-key ECDSA (ckECDSA) signatures, an enhanced version of threshold ECDSA, to sign those submitted transactions. Building upon this integration framework, ckUSDT is a pair of canister smart contracts that utilize HTTPS outcalls and ckECDSA services. The ckETH minter and ckUSDT ledger contracts work together to enable users and smart contracts to send and receive USDT value within seconds with negligible transaction fees, and no gas fees, while also always allowing users and smart contracts to send and receive USDT value to and from the Ethereum network. ckUSDT exposes ICRC-1 and ICRC-2 ledger interfaces (the fungible token standards of ICP), making it simple for all wallets on the Internet Computer to offer ckUSDT support.
Paxos Standard Market Stats
The Paxos Standard Token is a stablecoin running on Ethereum. For stablecoins like PAX, the company behind the protocol is responsible for holding reserves that fully back each token. The company behind PAX, Paxos Trust Company, claims to hold reserves that fully back each PAX.
Conversion tables
CKUSDT to PAX values from Today at 3:21 am
0.5 CKUSDT = 0.5012 PAX |
1 CKUSDT = 1.00 PAX |
5 CKUSDT = 5.01 PAX |
10 CKUSDT = 10.02 PAX |
50 CKUSDT = 50.12 PAX |
100 CKUSDT = 100.24 PAX |
500 CKUSDT = 501.22 PAX |
1,000 CKUSDT = 1,002.44 PAX |
PAX to CKUSDT values from Today at 3:21 am
0.5 PAX = 0.4988 CKUSDT |
1 PAX = 0.9976 CKUSDT |
5 PAX = 4.99 CKUSDT |
10 PAX = 9.98 CKUSDT |
50 PAX = 49.88 CKUSDT |
100 PAX = 99.76 CKUSDT |
500 PAX = 498.78 CKUSDT |
1,000 PAX = 997.57 CKUSDT |
CKUSDT to PAX over time
CKUSDT | Today | 24H -0.00% | 1M 0.13% | 1Y -0.93% |
|---|---|---|---|---|
0.5 CKUSDT | 0.5012 PAX | 0.5012 PAX | 0.5006 PAX | 0.5059 PAX |
1 CKUSDT | 1.00 PAX | 1.00 PAX | 1.00 PAX | 1.01 PAX |
5 CKUSDT | 5.01 PAX | 5.01 PAX | 5.01 PAX | 5.06 PAX |
10 CKUSDT | 10.02 PAX | 10.02 PAX | 10.01 PAX | 10.12 PAX |
50 CKUSDT | 50.12 PAX | 50.12 PAX | 50.06 PAX | 50.59 PAX |
100 CKUSDT | 100.24 PAX | 100.25 PAX | 100.12 PAX | 101.17 PAX |
500 CKUSDT | 501.22 PAX | 501.24 PAX | 500.59 PAX | 505.87 PAX |
1,000 CKUSDT | 1,002.44 PAX | 1,002.48 PAX | 1,001.17 PAX | 1,011.74 PAX |
Frequently asked questions
Right now, 1 Chain-key USDT is worth about $0.999.
Based on the current rate, you could get 1.00 CKUSDT for 1 USD.
Chain-key USDT price has been on the rise. Since yesterday, the exchange rate of Chain-key USDT has increased. Since last month, the exchange rate of Chain-key USDT has increased. Since this time last year, the price of Chain-key USDT has decreased.
You can use our CKUSDT to USD calculator at the top of this page to convert any amount of CKUSDT to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.01 CKUSDT. Inversely, 5 CKUSDT will cost about $4.99
Chain-key USDT is not currently available through Coinbase, but you can sign up to get the latest news on Chain-key USDT and be notified when it is available.
There are a number of crypto assets that have the a similar or comparable market cap to Chain-key USDT, including WOLF SKULL, Skale IMA Bridged USDC (Skale), and TON DOG. For a more robust list of assets to explore, jump to the asset page dedicated to Chain-key USDT.
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