What is CHAIN-KEY USDT(CKUSDT)?

Basic information about CKUSDT

Coin name:

Chain-key USDT

Coin symbol:

Coin introduction:

ckUSDT is a digital twin of USDT on the Internet Computer Protocol network. Fully backed 1:1 by USDT, ckUSDT is powered by Chain-key technology which allows for cross chain interoperability without centralized intermediaries or bridges. Canister smart contracts on ICP can integrate with the Ethereum network using a combination of replicated HTTPS outcalls to a known set of public Ethereum nodes to read state and submit transactions, and chain-key ECDSA (ckECDSA) signatures, an enhanced version of threshold ECDSA, to sign those submitted transactions. Building upon this integration framework, ckUSDT is a pair of canister smart contracts that utilize HTTPS outcalls and ckECDSA services. The ckETH minter and ckUSDT ledger contracts work together to enable users and smart contracts to send and receive USDT value within seconds with negligible transaction fees, and no gas fees, while also always allowing users and smart contracts to send and receive USDT value to and from the Ethereum network. ckUSDT exposes ICRC-1 and ICRC-2 ledger interfaces (the fungible token standards of ICP), making it simple for all wallets on the Internet Computer to offer ckUSDT support.

Current Price:

$1.00More coin details

All-time high:

$1.25

All-time low:

$0.59

CKUSDT Supply Info and Tokenomics

Circulating supply:

868,553

Total supply:

868,553

Max supply:

Market cap:

$867.62K

Fully diluted valuation:

$867.62K

What is the outlook and future value of CKUSDT?

The current market cap of CKUSDT is $867.62K, ranked 3594 in the market, showing that the market already recognizes the value of CKUSDT. When a bull market arrives, the market cap of CKUSDT may continue to grow.

Moreover, if CKUSDT can play a greater role in real-world applications—such as if the Monero developers can fully empower CKUSDT and establish partnerships with more business partners to expand its user base—then the long-term value of CKUSDT will be further enhanced.

What is the price of CKUSDT in 2027?

According to the historical price performance prediction model of CKUSDT, the price of CKUSDT is expected to reach $1.05 at 2027.

Note: As with any crypto investment, investors should closely monitor CKUSDT’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get CKUSDT?

Purchasing CKUSDT with cash is not the only way to obtain CKUSDT. If you have enough time, you can get CKUSDT for free.

Learn how to get Hot rewards for free with CKUSDT.

Earn free CKUSDT by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get CKUSDT airdrops for free.

All crypto airdrops and rewards can be exchanged for CKUSDT through LBank spot trading.

Buy CKUSDT starting from $1

What is CKUSDT used for and how to use it?

The use cases for CKUSDT may grow with the development of the crypto market and project progress. Currently, you can use CKUSDT to:

Arbitrage trading of CKUSDT

CKUSDT is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many CKUSDT trading pairs to suit your needs.

Earn yield with CKUSDT

You can also lend out CKUSDT or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your CKUSDT gains.

Send or pay with CKUSDT

If you want to pay someone with CKUSDT, you can easily and quickly send CKUSDT to them using their receiving address.

You can also visit the official website of Chain-key USDT to learn more use cases of CKUSDT, such as whether the Chain-key USDT project supports community/eco apps or buying physical or virtual goods with CKUSDT.