Convert CETES tokenized stablebonds (Etherfuse) CETES to Nigerian Naira NGN
CETES to NGN: 1 CETES tokenized stablebonds (Etherfuse) converts to NGN 91.70 NGN as of July 23 at 10:29 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 91.70 per CETES. With a circulating supply of 1,141,607.17 CETES, it means that CETES tokenized stablebonds (Etherfuse) has a total market cap of NGN 104,739,378.89. The amount of CETES tokenized stablebonds (Etherfuse) traded has fallen by -NGN 1,199,277.32 in the last 24 hours, which is a 21.72% decrease. Additionally, in the last day, NGN 5,522,397.78 worth of CETES has been traded.
The exchange rate of CETES tokenized stablebonds (Etherfuse) is decreasing. The current value of 1 CETES is NGN 91.70 NGN. In other words, to buy 5 CETES tokenized stablebonds (Etherfuse), it would cost you NGN 458.48 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 0.01091 CETES while NGN 50.00 NGN would convert to 0.5453 CETES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.55%. Meanwhile, in the last 24 hours, the rate has changed by 0.68%, and that the highest exchange rate of 1 CETES to NGN was NGN 92.66 NGN and the lowest 24 hour value was 1 CETES for NGN 91.63 NGN. Last month, 1 CETES was worth NGN 91.30 NGN. Today, it's up 0.52%. Looking back a year, CETES tokenized stablebonds (Etherfuse) has changed by NGN 91.52 NGN. That means that in a single year, the value of CETES tokenized stablebonds (Etherfuse) has grown by 12.13%.
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 10:29 pm
0.5 CETES = NGN 45.85 NGN |
1 CETES = NGN 91.70 NGN |
5 CETES = NGN 458.48 NGN |
10 CETES = NGN 916.95 NGN |
50 CETES = NGN 4,584.77 NGN |
100 CETES = NGN 9,169.55 NGN |
500 CETES = NGN 45,847.75 NGN |
1,000 CETES = NGN 91,695.49 NGN |
NGN to CETES values from Today at
NGN 0.50 NGN = 0.005453 CETES |
NGN 1.00 NGN = 0.01091 CETES |
NGN 5.00 NGN = 0.05453 CETES |
NGN 10.00 NGN = 0.1091 CETES |
NGN 50.00 NGN = 0.5453 CETES |
NGN 100.00 NGN = 1.09 CETES |
NGN 500.00 NGN = 5.45 CETES |
NGN 1,000.00 NGN = 10.91 CETES |
CETES to NGN over time
CETES | Today | 24H -0.93% | 1M 0.43% | 1Y 0.19% |
|---|---|---|---|---|
0.5 CETES | NGN 45.85 NGN | NGN 46.28 NGN | NGN 45.65 NGN | NGN 45.76 NGN |
1 CETES | NGN 91.70 NGN | NGN 92.55 NGN | NGN 91.30 NGN | NGN 91.52 NGN |
5 CETES | NGN 458.48 NGN | NGN 462.76 NGN | NGN 456.50 NGN | NGN 457.59 NGN |
10 CETES | NGN 916.95 NGN | NGN 925.51 NGN | NGN 912.99 NGN | NGN 915.18 NGN |
50 CETES | NGN 4,584.77 NGN | NGN 4,627.55 NGN | NGN 4,564.97 NGN | NGN 4,575.92 NGN |
100 CETES | NGN 9,169.55 NGN | NGN 9,255.11 NGN | NGN 9,129.93 NGN | NGN 9,151.84 NGN |
500 CETES | NGN 45,847.75 NGN | NGN 46,275.54 NGN | NGN 45,649.66 NGN | NGN 45,759.20 NGN |
1,000 CETES | NGN 91,695.49 NGN | NGN 92,551.08 NGN | NGN 91,299.32 NGN | NGN 91,518.41 NGN |
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