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

NGN
Sign up

Buy CETES tokenized stablebonds (Etherfuse) with Coinbase Wallet

Create a Coinbase account to buy and sell CETES tokenized stablebonds (Etherfuse) on the most trusted crypto exchange. Learn more

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.

NGN 91.70Price
NGN 104.74MMarket cap
NGN 5.52MVolume (24h)
1.1M CETESCir. Supply

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

Buy CETES tokenized stablebonds (Etherfuse) with Coinbase Wallet

Create a Coinbase account to buy and sell CETES tokenized stablebonds (Etherfuse) on the most secure crypto exchange.

Related 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.