JPYT
Dephaser JPY
- Price
- $0.006153
- 24h
- +0.1%
- 7d
- +0.7%
- Market cap
- $44.9K
- 24h volume
- $117
optimistic-ethereum
0xc47da4cb96ce65a96844a01bfae509f9d5454534
Dephaser JPY (JPYT) is a stablecoin on Optimism. 7.3M are in circulation, with no maximum. It ranks 7887th by market capitalisation among the coins tracked here. The project publishes its website, whitepaper, source and explorer.
DePhaser is a cutting-edge decentralized finance (DeFi) platform designed to transform the way people interact with digital assets and conduct cross-border transactions. At the heart of this innovation is JPYT, the world’s first algorithmic YEN stablecoin pegged 1:1 to the Japanese YEN (¥). Unlike traditional stablecoins, JPYT is backed by fully locked USDT (Tether), ensuring a high level of security, transparency, and trust for its users. Through DePhaser, individuals and businesses can seamlessly lock in USDT and mint JPYT, allowing them to hold and transact in a currency that mirrors the stability of the Yen while operating natively within the Web3 ecosystem. This mechanism provides a powerful tool for those who wish to avoid volatility in the crypto market while still benefiting from the efficiency, accessibility, and inclusivity of blockchain technology.
- Circulating
- 7.3M
- Total supply
- 7.3M
- Max supply
- No cap
Supply as of 2h ago