Convert USDS USDS to Convertible JPY Token CJPY
1 USDS converts to 240.96 CJPY
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About USDS and CJPY
USDS is climbing, while Convertible JPY Token is falling this week. The current USDS to CJPY conversion rate is 240.96. Inversely, this means that if you convert 1 CJPY you will get 0.00415 USDS. The conversion rate of USDS/CJPY has decreased by 0.28% in the last hour (CJPY/USDS increased by 0.28%). In the last 24 hours, USDS/CJPY grew by 3.63%, while CJPY/USDS shrunk by the same amount.
The exchange rate of USDS is increasing. The current value of 1 USDS is 240.96 CJPY. In other words, to buy 5 USDS, it would cost you 1,204.78 CJPY. Inversely, 1 CJPY would allow you to trade for 0.00415 USDS while 50 CJPY would convert to 0.2075 USDS, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.19%. Meanwhile, in the last 24 hours, the rate has changed by 3.49%, which means that the highest exchange rate of 1 USDS to CJPY was 243.86 CJPY and the lowest 24 hour value was 1 USDS for 228.99 CJPY. Last month, 1 USDS was worth 188.06 CJPY. Today, it's up 21.95%. Looking back a year, USDS has changed by 164.94 CJPY. That means that in a single year, the value of USDS has grown by 31.55%.
USDS Market Stats
The USDS token is a decentralized, collateral-backed stablecoin native to the Sky Protocol (formerly MakerDAO). It is designed to maintain a value pegged to the US dollar and serves as the upgraded successor to DAI.
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
USDS to CJPY values from Today at 9:38 am
0.5 USDS = 120.48 CJPY |
1 USDS = 240.96 CJPY |
5 USDS = 1,204.78 CJPY |
10 USDS = 2,409.55 CJPY |
50 USDS = 12,047.77 CJPY |
100 USDS = 24,095.53 CJPY |
500 USDS = 120,477.67 CJPY |
1,000 USDS = 240,955.34 CJPY |
CJPY to USDS values from Today at 9:37 am
0.5 CJPY = 0.002075 USDS |
1 CJPY = 0.00415 USDS |
5 CJPY = 0.02075 USDS |
10 CJPY = 0.0415 USDS |
50 CJPY = 0.2075 USDS |
100 CJPY = 0.415 USDS |
500 CJPY = 2.08 USDS |
1,000 CJPY = 4.15 USDS |
USDS to CJPY over time
USDS | Today | 24H 3.49% | 1M 21.95% | 1Y 31.55% |
|---|---|---|---|---|
0.5 USDS | 120.48 CJPY | 116.27 CJPY | 94.03 CJPY | 82.47 CJPY |
1 USDS | 240.96 CJPY | 232.54 CJPY | 188.06 CJPY | 164.94 CJPY |
5 USDS | 1,204.78 CJPY | 1,162.70 CJPY | 940.32 CJPY | 824.69 CJPY |
10 USDS | 2,409.55 CJPY | 2,325.41 CJPY | 1,880.64 CJPY | 1,649.38 CJPY |
50 USDS | 12,047.77 CJPY | 11,627.03 CJPY | 9,403.19 CJPY | 8,246.92 CJPY |
100 USDS | 24,095.53 CJPY | 23,254.07 CJPY | 18,806.38 CJPY | 16,493.85 CJPY |
500 USDS | 120,477.67 CJPY | 116,270.34 CJPY | 94,031.91 CJPY | 82,469.24 CJPY |
1,000 USDS | 240,955.34 CJPY | 232,540.67 CJPY | 188,063.83 CJPY | 164,938.48 CJPY |
Frequently asked questions
Right now, 1 USDS is worth about $1.00.
Based on the current rate, you could get 1.00 USDS for 1 USD.
You can use our USDS to USD calculator at the top of this page to convert any amount of USDS 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 USDS. Inversely, 5 USDS will cost about $5.00
USDS is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy USDS.
There are a number of crypto assets that have the a similar or comparable market cap to USDS, including DollarCoin (dollarcoin.org), Lido Staked ETH, and Lido wstETH. For a more robust list of assets to explore, jump to the asset page dedicated to USDS.
Buy USDS with Coinbase
Create a Coinbase account to buy and sell USDS on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.