Statter Network is the world’s first full-service public blockchain platform for the metaverse ecosystem. It aims to build a high-performance and high secure infrastructure for metaverse developers, creators and players.
Centering on the infrastructure positioning, Statter innovatively created drag-and-drop technology for public blockchain generation, with which developers could build new public blockchains as easily as playing with LEGO. The drag-and-drop public blockchain generation technology satisfies metaverse application's demands for a multi-functional public blockchain; research and develop DID aggregation protocols to achieve interoperability of cross-chain digital identities; with the scalability of Sharding and DAG technology, it achieves 100,000 TPS on the main chain and transactions are confirmed within seconds; adopts a multi-layer structure with high cohesion and low coupling; and supports parallel multi-chain and multi-consensus.
Statter is an open ecosystem and platform that offers infrastructure connections in the plugin App market for 3D engines, GIS, edge computing, edge rendering, decentralized storage, digital twin, and computer vision, among others. Statter provides comprehensive services for developers to construct the metaverse from fundamental theory to a realm beyond reality by utilizing drag-and-drop technology for public blockchain generation, based on the multi-chain operation platform and the metaverse plugin App Market.
CAD information
About the Canadian Dollar (CAD)
What Is the Canadian Dollar (CAD)?
The Canadian dollar, symbolized as $ and often abbreviated as CAD, is the official currency of Canada. It's divided into 100 cents (¢). Unique to Canada, the dollar coin is commonly referred to as the "loonie," a nod to the image of a loon on its reverse side. The Canadian dollar is the sole legal tender in Canada. It holds a significant position in the global economy, being the sixth-most held reserve currency worldwide, favored for Canada's economic stability and strong sovereign position.
The Canadian dollar (CAD) is issued by the Bank of Canada, which is the central bank of the country. Established in 1934, the Bank of Canada is responsible for formulating Canada's monetary policy, issuing banknotes, regulating and supporting Canada's principal systems for clearing and settling payments, and promoting a safe and efficient financial system. The design and production of Canadian banknotes are overseen by the Bank of Canada, with a focus on ensuring their security and integrity as legal tender.
What Is the History of CAD?
In the early 19th century, Canada saw a mix of currencies, including British pounds, U.S. dollars, and Spanish dollars, circulating within its borders. As trade with the United States intensified, the necessity for a unified currency became clear, leading to the introduction of the Canadian dollar in 1858. This strategic move, aligning the Canadian dollar at par with the U.S. dollar, marked a significant shift from the previously dominant British pound and adopted the decimal system, simplifying transactions and distancing itself from the British pounds, shillings, and pence system. The gold standard, a mainstay of international finance, was adopted in 1853 but abandoned during World War I. Throughout the 19th and 20th centuries, the Canadian dollar underwent various changes, including pegs to the U.S. dollar during and post World War II. In 1950, Canada transitioned to a floating currency, allowing the Canadian dollar to occasionally trade above the U.S. dollar, until 1962 when it was pegged again at $0.925 USD. This peg remained until 1970, after which the Canadian dollar was allowed to float freely once more. The following decades witnessed the Canadian dollar's highs and lows, influenced by global economic trends, domestic policies, and Canada's significant exports, particularly in natural resources like oil.
Notes and Coins of CAD
The coinage includes the penny (1¢), which, although no longer produced or widely circulated, remains legal tender. The nickel (5¢), dime (10¢), quarter (25¢), and half dollar (50¢). Notably, the loonie and toonie, one and two-dollar coins, are essential for daily transactions in Canada.
Canadian banknotes, made from durable polymer, celebrate the nation's history and achievements. The $5 note pays tribute to Sir Wilfrid Laurier and space exploration, the $10 to Sir John A. Macdonald and Canada's landscapes, and the $20 to Queen Elizabeth II and the Vimy Memorial, symbolizing royal and military heritage. The $50 and $100 notes feature former Prime Ministers and themes of Arctic sovereignty and medical advancements.
Is CAD the Same Value as the USD?
No, the Canadian Dollar (CAD) is not the same value as the United States Dollar (USD). Although both currencies are called "dollars," they have different values on the foreign exchange market. As of January 2024, 1 Canadian Dollar was worth approximately 0.75 US Dollars. This exchange rate means that the Canadian Dollar is less valuable than the United States Dollar, so you would need more than one CAD to purchase one USD. However, it's important to note that exchange rates are constantly changing, so the exact value can vary from day to day.
Is CAD a Strong Currency?
The Canadian dollar, commonly referred to as the "loonie," is considered a relatively strong and stable currency, primarily due to Canada's sound economic fundamentals. While it doesn't match the supremacy of the US dollar or the Euro in global finance, it holds its own respectably. As of January 2024, 1 Canadian dollar was equivalent to approximately 0.75 US dollars, demonstrating its moderate strength in the foreign exchange market. The strength of the Canadian dollar is influenced by various factors, including Canada's political stability, a robust banking system, and a wealth of natural resources. Additionally, Canada's close trading relationship with the United States also plays a significant role in the currency's valuation. The Canadian dollar's value can fluctuate based on global oil prices, given the country's status as a major oil exporter.
STT to CAD conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | $0.8305 | 0.0200% / 0.0320%VIP 7 | |
Huobi | $0.8507 | 0.1000% / 0.1000% | Yes |
Gate.io | $0.8346 | 0.1000% / 0.1000% | Yes |
How to buy Statter Network
Buy STT (or USDT) for CAD (Canadian Dollar) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sell STT (or USDT) for CAD (Canadian Dollar) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Statter Network to Canadian Dollar?
Statter Network to Canadian Dollar is rising this week.Conversion tables
The exchange rate of Statter Network is increasing.STT to CAD
CAD to STT
Today vs. 24 hours ago
Amount | 19:16 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 STT | $0.2951 | $0.3185 | -7.38% |
1 STT | $0.5903 | $0.6369 | -7.38% |
5 STT | $2.95 | $3.18 | -7.38% |
10 STT | $5.9 | $6.37 | -7.38% |
50 STT | $29.51 | $31.85 | -7.38% |
100 STT | $59.03 | $63.69 | -7.38% |
500 STT | $295.14 | $318.45 | -7.38% |
1000 STT | $590.27 | $636.9 | -7.38% |
Today vs. 1 month ago
Amount | 19:16 today | 1 month ago | 1M change |
---|---|---|---|
0.5 STT | $0.2951 | $0.1226 | +143.56% |
1 STT | $0.5903 | $0.2453 | +143.56% |
5 STT | $2.95 | $1.23 | +143.56% |
10 STT | $5.9 | $2.45 | +143.56% |
50 STT | $29.51 | $12.26 | +143.56% |
100 STT | $59.03 | $24.53 | +143.56% |
500 STT | $295.14 | $122.64 | +143.56% |
1000 STT | $590.27 | $245.28 | +143.56% |
Today vs. 1 year ago
Amount | 19:16 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 STT | $0.2951 | $0.6605 | -55.52% |
1 STT | $0.5903 | $1.32 | -55.52% |
5 STT | $2.95 | $6.6 | -55.52% |
10 STT | $5.9 | $13.21 | -55.52% |
50 STT | $29.51 | $66.05 | -55.52% |
100 STT | $59.03 | $132.1 | -55.52% |
500 STT | $295.14 | $660.48 | -55.52% |
1000 STT | $590.27 | $1,320.96 | -55.52% |
Statter Network price prediction
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