Details about Jarvis Synthetic British Pound cryptocurrency
€4,372
263,471
1
Unknown
https://jarvis.network/
@Jarvis_Network
4019840x
€4743410
Jarvis Synthetic British Pound price charts
JGBP exchanges
Jarvis Synthetic British Pound, the crypto
Jarvis Synthetic British Pound (JGBP) is a stablecoin that replicates the value of the British Pound (GBP) in a decentralized manner. It is issued on the Ethereum blockchain and is backed by a basket of other cryptocurrencies, as well as fiat currencies, gold, and other commodities.
The point
The main point of Jarvis Synthetic British Pound (JGBP) is to provide a stable and secure cryptocurrency that can be used as a store of value, and as a medium of exchange, without the volatility and fluctuations commonly associated with other cryptocurrencies like Bitcoin and Ethereum.
The problem
Jarvis Synthetic British Pound (JGBP) tries to solve the problem of volatility in cryptocurrency markets by providing a stablecoin that is backed by diverse and reliable assets. It also offers users the benefits of decentralized finance (DeFi) without exposing them to the risks of traditional fiat currencies.
Compare JGBP and BTC performance
| Timeframe | JGBP | BTC |
|---|---|---|
| 1h change | 0 % | 0.275037 % |
| 24h change | 0 % | 1.05511 % |
| 7 day change | -0.28 % | 1.71708 % |
| 14 day change | -0.28 % | -7.61859 % |
| 30 day change | -0.28 % | -6.80856 % |
| 200 day change | 2.34 % | 129.346 % |
| Year change | 3.29 % | 139.298 % |