Convert Circle tokenized stock (xStock) CRCLX to Convertible JPY Token CJPY
1 CRCLX converts to 18,848.43 CJPY
About CRCLX and CJPY
Circle tokenized stock (xStock) is climbing, while Convertible JPY Token is falling this week. The current CRCLX to CJPY conversion rate is 18,848.43. Inversely, this means that if you convert 1 CJPY you will get 0.00005305 CRCLX. The conversion rate of CRCLX/CJPY has decreased by 0.16% in the last hour (CJPY/CRCLX increased by 0.16%). In the last 24 hours, CRCLX/CJPY grew by 1.2%, while CJPY/CRCLX shrunk by the same amount.
The exchange rate of Circle tokenized stock (xStock) is increasing. The current value of 1 CRCLX is 18,848.43 CJPY. In other words, to buy 5 Circle tokenized stock (xStock), it would cost you 94,242.14 CJPY. Inversely, 1 CJPY would allow you to trade for 0.00005305 CRCLX while 50 CJPY would convert to 0.002653 CRCLX, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.51%. Meanwhile, in the last 24 hours, the rate has changed by 1.17%, which means that the highest exchange rate of 1 CRCLX to CJPY was 19,061.26 CJPY and the lowest 24 hour value was 1 CRCLX for 18,477.91 CJPY. Last month, 1 CRCLX was worth 24,238.45 CJPY. Today, it's down 28.6%. Looking back a year, Circle tokenized stock (xStock) has changed by 30,586.98 CJPY. That means that in a single year, the value of Circle tokenized stock (xStock) has shrank by 62.28%.
Circle tokenized stock (xStock) Market Stats
For too long, investing has come with barriers. Borders. Brokers. Limitations. It’s been complicated, costly, and — for millions — out of reach. xStocks were created to change that. xStocks are tokenized stocks. They’re backed 1:1 by the underlying assets, composable with DeFi protocols, compliant with EU regulations, accessible to non-US users, and provide a legal claim to the value of the stock. xStocks enable easy access to 57 US Stocks and ETFs to regular users through top centralized and decentralized exchanges, and can be integrated with other DeFi protocols like any other token.
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.
Conversion tables
CRCLX to CJPY values from Today at 7:38 am
0.5 CRCLX = 9,424.21 CJPY |
1 CRCLX = 18,848.43 CJPY |
5 CRCLX = 94,242.14 CJPY |
10 CRCLX = 188,484.28 CJPY |
50 CRCLX = 942,421.39 CJPY |
100 CRCLX = 1,884,842.79 CJPY |
500 CRCLX = 9,424,213.95 CJPY |
1,000 CRCLX = 18,848,427.90 CJPY |
CJPY to CRCLX values from Today at 7:38 am
0.5 CJPY = 0.00002653 CRCLX |
1 CJPY = 0.00005305 CRCLX |
5 CJPY = 0.0002653 CRCLX |
10 CJPY = 0.0005305 CRCLX |
50 CJPY = 0.002653 CRCLX |
100 CJPY = 0.005305 CRCLX |
500 CJPY = 0.02653 CRCLX |
1,000 CJPY = 0.05305 CRCLX |
CRCLX to CJPY over time
CRCLX | Today | 24H 1.17% | 1M -28.60% | 1Y -62.28% |
|---|---|---|---|---|
0.5 CRCLX | 9,424.21 CJPY | 9,314.18 CJPY | 12,119.22 CJPY | 15,293.49 CJPY |
1 CRCLX | 18,848.43 CJPY | 18,628.36 CJPY | 24,238.45 CJPY | 30,586.98 CJPY |
5 CRCLX | 94,242.14 CJPY | 93,141.78 CJPY | 121,192.23 CJPY | 152,934.90 CJPY |
10 CRCLX | 188,484.28 CJPY | 186,283.56 CJPY | 242,384.45 CJPY | 305,869.79 CJPY |
50 CRCLX | 942,421.39 CJPY | 931,417.79 CJPY | 1,211,922.26 CJPY | 1,529,348.97 CJPY |
100 CRCLX | 1,884,842.79 CJPY | 1,862,835.58 CJPY | 2,423,844.52 CJPY | 3,058,697.95 CJPY |
500 CRCLX | 9,424,213.95 CJPY | 9,314,177.90 CJPY | 12,119,222.59 CJPY | 15,293,489.73 CJPY |
1,000 CRCLX | 18,848,427.90 CJPY | 18,628,355.80 CJPY | 24,238,445.18 CJPY | 30,586,979.45 CJPY |
Frequently asked questions
Right now, 1 Circle tokenized stock (xStock) is worth about $80.41.
Based on the current rate, you could get 0.01244 CRCLX for 1 USD.
Circle tokenized stock (xStock) price has been on the rise. Since yesterday, the exchange rate of Circle tokenized stock (xStock) has increased. Since last month, the exchange rate of Circle tokenized stock (xStock) has decreased. Since this time last year, the price of Circle tokenized stock (xStock) has decreased.
You can use our CRCLX to USD calculator at the top of this page to convert any amount of CRCLX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.06218 CRCLX. Inversely, 5 CRCLX will cost about $402.04
Circle tokenized stock (xStock) can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Circle tokenized stock (xStock).
There are a number of crypto assets that have the a similar or comparable market cap to Circle tokenized stock (xStock), including Tesla tokenized stock (xStock), Nasdaq tokenized ETF (xStock), and SwissBorg. For a more robust list of assets to explore, jump to the asset page dedicated to Circle tokenized stock (xStock).
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