Details about CNYQ Stablecoin by Q DAO v1.0 cryptocurrency
CNYQ Stablecoin by Q DAO v1.0
cnyq
Unknown for now
€17,379
503,000
0
Unknown
CNYQ Stablecoin by Q DAO v1.0 price charts
cnyq exchanges
CNYQ Stablecoin by Q DAO v1.0, the crypto
CNYQ Stablecoin by Q DAO v1.0 (CNYQ) is a stablecoin that is pegged to the Chinese Yuan. It was created by Q DAO, a decentralized autonomous organization, to provide a secure and stable way to store value in a cryptocurrency format.
The point
The main point of CNYQ Stablecoin by Q DAO v1.0 (CNYQ) is to provide stability, security, and convenience to users who want to store or transfer value in a cryptocurrency that is pegged to the Chinese Yuan. It is designed to be a reliable alternative to traditional fiat currencies, which are often subject to inflation and government manipulation.
The problem
CNYQ Stablecoin by Q DAO v1.0 (CNYQ) aims to solve the problem of volatility in the cryptocurrency market. By pegging the value of the stablecoin to the Chinese Yuan, it can provide a stable and predictable asset for users to store or transfer value. This can be particularly useful for businesses or individuals who want to hedge against currency fluctuations or protect their assets from inflation.
Compare CNYQ and BTC performance
| Timeframe | CNYQ | BTC |
|---|---|---|
| 1h change | 0 % | -1.43009 % |
| 24h change | 0 % | 1.57361 % |
| 7 day change | 0 % | -10.7838 % |
| 14 day change | 0 % | -7.66452 % |
| 30 day change | 0 % | 0.926941 % |
| 200 day change | 3.23 % | 121.423 % |
| Year change | 0 % | 111.689 % |