Convert USDF USDF to Convertible JPY Token CJPY
USDF to CJPY: 1 USDF converts to 233.90 CJPY
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About USDF and CJPY
USDF is climbing, while Convertible JPY Token is falling this week. The current USDF to CJPY conversion rate is 233.90. Inversely, this means that if you convert 1 CJPY you will get 0.004275 USDF. The conversion rate of USDF/CJPY has increased by 0.54% in the last hour (CJPY/USDF decreased by 0.54%). In the last 24 hours, USDF/CJPY grew by 1.92%, while CJPY/USDF shrunk by the same amount.
The exchange rate of USDF is increasing. The current value of 1 USDF is 233.90 CJPY. In other words, to buy 5 USDF, it would cost you 1,169.51 CJPY. Inversely, 1 CJPY would allow you to trade for 0.004275 USDF while 50 CJPY would convert to 0.2138 USDF, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.81%. Meanwhile, in the last 24 hours, the rate has changed by 1.67%, which means that the highest exchange rate of 1 USDF to CJPY was 234.65 CJPY and the lowest 24 hour value was 1 USDF for 227.33 CJPY. Last month, 1 USDF was worth 188.19 CJPY. Today, it's up 19.54%. Looking back a year, USDF has changed by 167.49 CJPY. That means that in a single year, the value of USDF has grown by 28.39%.
USDF Market Stats
USDF is a stablecoin that powers the Flipcash Currency Creator, redeemable 1:1 for USDC, a digital dollar fully backed by US dollars and US dollar equivalents.
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
USDF to CJPY values from Today at 1:09 am
0.5 USDF = 116.95 CJPY |
1 USDF = 233.90 CJPY |
5 USDF = 1,169.51 CJPY |
10 USDF = 2,339.02 CJPY |
50 USDF = 11,695.08 CJPY |
100 USDF = 23,390.15 CJPY |
500 USDF = 116,950.76 CJPY |
1,000 USDF = 233,901.52 CJPY |
CJPY to USDF values from Today at 1:07 am
0.5 CJPY = 0.002138 USDF |
1 CJPY = 0.004275 USDF |
5 CJPY = 0.02138 USDF |
10 CJPY = 0.04275 USDF |
50 CJPY = 0.2138 USDF |
100 CJPY = 0.4275 USDF |
500 CJPY = 2.14 USDF |
1,000 CJPY = 4.28 USDF |
USDF to CJPY over time
USDF | Today | 24H 1.67% | 1M 19.54% | 1Y 28.39% |
|---|---|---|---|---|
0.5 USDF | 116.95 CJPY | 115.00 CJPY | 94.10 CJPY | 83.75 CJPY |
1 USDF | 233.90 CJPY | 229.99 CJPY | 188.19 CJPY | 167.49 CJPY |
5 USDF | 1,169.51 CJPY | 1,149.96 CJPY | 940.96 CJPY | 837.47 CJPY |
10 USDF | 2,339.02 CJPY | 2,299.92 CJPY | 1,881.93 CJPY | 1,674.95 CJPY |
50 USDF | 11,695.08 CJPY | 11,499.61 CJPY | 9,409.63 CJPY | 8,374.75 CJPY |
100 USDF | 23,390.15 CJPY | 22,999.22 CJPY | 18,819.26 CJPY | 16,749.50 CJPY |
500 USDF | 116,950.76 CJPY | 114,996.09 CJPY | 94,096.30 CJPY | 83,747.48 CJPY |
1,000 USDF | 233,901.52 CJPY | 229,992.19 CJPY | 188,192.60 CJPY | 167,494.96 CJPY |
Frequently asked questions
Right now, 1 USDF is worth about $1.00.
Based on the current rate, you could get 1.00 USDF for 1 USD.
You can use our USDF to USD calculator at the top of this page to convert any amount of USDF to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.00 USDF. Inversely, 5 USDF will cost about $5.00
USDF is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy USDF.
There are a number of crypto assets that have the a similar or comparable market cap to USDF, including , , and . For a more robust list of assets to explore, jump to the asset page dedicated to USDF.
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