Convert CETES tokenized stablebonds (Etherfuse) CETES to Nigerian Naira NGN
CETES to NGN: 1 CETES tokenized stablebonds (Etherfuse) converts to NGN 90.70 NGN as of September 22 at 12:29 PM
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About CETES tokenized stablebonds (Etherfuse)
CETES tokenized stablebonds (Etherfuse) is falling this week. The current price of CETES tokenized stablebonds (Etherfuse) is NGN 90.70 per CETES. With a circulating supply of 10,405,145.496 CETES, it means that CETES tokenized stablebonds (Etherfuse) has a total market cap of NGN 944,099,463.28. The amount of CETES tokenized stablebonds (Etherfuse) traded has risen by NGN 41,544.11 in the last 24 hours, which is a 44.27% increase. Additionally, in the last day, NGN 93,841.79 worth of CETES has been traded.
The exchange rate of CETES tokenized stablebonds (Etherfuse) is decreasing. The current value of 1 CETES is NGN 90.70 NGN. In other words, to buy 5 CETES tokenized stablebonds (Etherfuse), it would cost you NGN 453.51 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.01103 CETES while NGN 50.00 NGN would convert to 0.5513 CETES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.06%. Meanwhile, in the last 24 hours, the rate has changed by 1.67%, and that the highest exchange rate of 1 CETES to NGN was NGN 91.22 NGN and the lowest 24 hour value was 1 CETES for NGN 88.92 NGN. Last month, 1 CETES was worth NGN 92.83 NGN. Today, it's down 2.03%. Looking back a year, CETES tokenized stablebonds (Etherfuse) has changed by NGN 92.02 NGN. That means that in a single year, the value of CETES tokenized stablebonds (Etherfuse) has grown by 9.05%.
CETES tokenized stablebonds (Etherfuse) Market Stats
Etherfuse is a blockchain-based platform that tokenizes real-world assets, specifically sovereign debt. The platform is designed to expand access to financial products by bridging traditional finance (TradFi) and decentralized finance (DeFi). Integrating traditional instruments with blockchain infrastructure enabling assets that look like fiat, act like a bond, and move like crypto. - Stablebonds: Yield-bearing tokens representing fractional ownership of government treasury bonds. Each Stablebond is backed 1:1 by the underlying sovereign bond, with interest generated from the bond continuously compounding into the token's price; yield is realized by the holder upon redemption. - Sovereign Coins: A new class of digital currencies backed by government debt through Stablebonds. While traditional stablecoins are backed by fiat reserves, Sovereign Coins are backed by Stablebonds, maintaining a 1:1 peg to the local currency; unlike Stablebonds, they are non-yielding and designed for transactional use rather than savings. How Does Etherfuse Ensure Investor Security? Etherfuse uses a three-pronged approach to ensure investor security: regulatory compliance, asset segregation, and third-party verification. Regulatory Compliance: All products and services offered by Etherfuse operate legally in Mexico pursuant to CNBV Resolution P090/2024, which determined that its tokens do not require prior authorization — making Etherfuse the first and only Mexican blockchain company with regulatory clarity to engage the general public. Etherfuse also holds a mandate to perform brokerage activities in the securities market, including executing purchase and sale orders and providing custody, administration, and deposit services for all collateralized assets. Asset Segregation: Regulatory requirements and internal policy require a strict distinction between Etherfuse's own investment accounts and customer funds, ensuring all financial transactions are segregated. Additionally, each asset is registered under Swiss law through the Swiss DLT Act, providing a bankruptcy-remote structure that legally segregates customer assets from Etherfuse's own holdings. Third-Party Verification: All of this information is attested to through third-party firms which generate a Proof of Reserves report verifying that the funds held by Etherfuse match the funds owed to users, as well as the custodian breakdown of assets. All AML audit results and smart contract audit results are publicly available through the Etherfuse Platform.
Conversion tables
CETES to NGN values from Today at 12:29 pm
0.5 CETES = NGN 45.35 NGN |
1 CETES = NGN 90.70 NGN |
5 CETES = NGN 453.51 NGN |
10 CETES = NGN 907.03 NGN |
50 CETES = NGN 4,535.13 NGN |
100 CETES = NGN 9,070.26 NGN |
500 CETES = NGN 45,351.31 NGN |
1,000 CETES = NGN 90,702.62 NGN |
NGN to CETES values from Today at
NGN 0.50 NGN = 0.005513 CETES |
NGN 1.00 NGN = 0.01103 CETES |
NGN 5.00 NGN = 0.05513 CETES |
NGN 10.00 NGN = 0.1103 CETES |
NGN 50.00 NGN = 0.5513 CETES |
NGN 100.00 NGN = 1.10 CETES |
NGN 500.00 NGN = 5.51 CETES |
NGN 1,000.00 NGN = 11.03 CETES |
CETES to NGN over time
CETES | Today | 24H -0.56% | 1M -2.34% | 1Y -1.45% |
|---|---|---|---|---|
0.5 CETES | NGN 45.35 NGN | NGN 45.60 NGN | NGN 46.41 NGN | NGN 46.01 NGN |
1 CETES | NGN 90.70 NGN | NGN 91.21 NGN | NGN 92.83 NGN | NGN 92.02 NGN |
5 CETES | NGN 453.51 NGN | NGN 456.03 NGN | NGN 464.13 NGN | NGN 460.11 NGN |
10 CETES | NGN 907.03 NGN | NGN 912.07 NGN | NGN 928.26 NGN | NGN 920.22 NGN |
50 CETES | NGN 4,535.13 NGN | NGN 4,560.33 NGN | NGN 4,641.32 NGN | NGN 4,601.10 NGN |
100 CETES | NGN 9,070.26 NGN | NGN 9,120.65 NGN | NGN 9,282.64 NGN | NGN 9,202.20 NGN |
500 CETES | NGN 45,351.31 NGN | NGN 45,603.25 NGN | NGN 46,413.21 NGN | NGN 46,010.98 NGN |
1,000 CETES | NGN 90,702.62 NGN | NGN 91,206.51 NGN | NGN 92,826.42 NGN | NGN 92,021.96 NGN |
Frequently asked questions
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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.




