Chain-key USDT

CKUSDT Price

What is Chain-key USDT about?

Chain-key USDT (ckUSDT) is a digital twin of USDT on the Internet Computer Protocol (ICP) network. It is fully backed 1:1 by USDT and is powered by Chain-key technology, enabling cross-chain interoperability without relying on centralized intermediaries or bridges.

What makes Chain-key USDT unique?

Chain-key USDT stands out due to its integration framework that combines replicated HTTPS outcalls to a known set of public Ethereum nodes for state reading and transaction submission, along with chain-key ECDSA (ckECDSA) signatures. This enhanced version of threshold ECDSA allows for secure and efficient transactions. Additionally, ckUSDT supports both ICRC-1 and ICRC-2 ledger interfaces, making it easily accessible for all wallets on the Internet Computer.

What can Chain-key USDT be used for?

Chain-key USDT can be used by users and smart contracts to send and receive USDT value within seconds, with negligible transaction fees and no gas fees. It also allows seamless transactions to and from the Ethereum network, enhancing its utility and interoperability within the blockchain ecosystem.

Where can you buy Chain-key USDT?

CKUSDT tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Chain-key USDT is MEXC, where the most active trading pair CKUSDT/USDT has a trading volume of $54,471.12 in the last 24 hours.

What is the daily trading volume of Chain-key USDT (CKUSDT)?

The trading volume of Chain-key USDT (CKUSDT) is $68,855.34 in the last 24 hours, representing a -1.40% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Chain-key USDT (CKUSDT)?

Chain-key USDT (CKUSDT) reached an all-time high of $1.25 and an all-time low of $0.5930. It’s now trading -20.40% below that peak and 67.50% above its lowest price.

What is the market cap of Chain-key USDT (CKUSDT)?

Market capitalization of Chain-key USDT (CKUSDT) is $862,994 and is ranked #3243 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of CKUSDT tokens (870 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of Chain-key USDT (CKUSDT)?

The fully diluted valuation (FDV) of Chain-key USDT (CKUSDT) is $862,994. This is a statistical representation of the maximum market cap, assuming total number of 870 Thousand ETH tokens are in circulation today.

How does the price performance of Chain-key USDT compare against its peers?

With a price decline of -0.60% in the last 7 days, Chain-key USDT (CKUSDT) is underperforming the global cryptocurrency market which is up 10.30%, while underperforming when compared to similar Stablecoins cryptocurrencies which are up 0.90%.