Details about CAD Coin cryptocurrency
€782
9,645,320
4.1
Unknown
https://paytrie.com/cadc
@PayTrie
175402x
€121713
CAD Coin price charts
CADC exchanges
CAD Coin, the crypto
CAD Coin (CADC) is a cryptocurrency that was launched in 2015 by the Canadian Digital Asset Exchange (CDAX). The currency is a stablecoin that is pegged to the Canadian dollar. Each CADC token represents one Canadian dollar, making it a fiat-backed cryptocurrency.
The point
The main point of CADC is to provide a stable cryptocurrency that is pegged to the Canadian dollar. This makes it easier for Canadian businesses and consumers to use cryptocurrency for transactions without having to worry about the volatility of other cryptocurrencies.
The problem
CADC tries to solve the problem of cryptocurrency volatility. By being pegged to the Canadian dollar, CADC provides a stable currency that can be used for transactions without the risk of fluctuations in value. This makes it more appealing to businesses and consumers who are hesitant to use other cryptocurrencies.
Compare CADC and BTC performance
| Timeframe | CADC | BTC |
|---|---|---|
| 1h change | 0 % | -0.0939119 % |
| 24h change | 0 % | -0.776944 % |
| 7 day change | 0.86 % | -0.423738 % |
| 14 day change | 5.81 % | -5.27242 % |
| 30 day change | 5.33 % | -7.24073 % |
| 200 day change | 5.28 % | 128.555 % |
| Year change | 1.73 % | 132.267 % |