-
Bitcoin $96,789.1858
2.52% - Ethereum
$1,833.2358
1.68% - Tether USDt
$1.0000
-0.01% - XRP
$2.1378
1.85% - BNB
$605.4871
1.06% - Solana
$146.6182
0.78% - USDC
$1.0002
0.00% - Dogecoin
$0.1730
2.13% - Cardano
$0.6815
2.82% - TRON
$0.2444
-0.61% - Sui
$3.4002
0.79% - Chainlink
$13.8976
2.72% - Avalanche
$19.8692
0.60% - Stellar
$0.2607
1.17% - UNUS SED LEO
$8.7316
0.69% - Shiba Inu
$0.0...01283
1.41% - Toncoin
$3.0122
0.14% - Hedera
$0.1772
1.80% - Bitcoin Cash
$372.8971
3.45% - Hyperliquid
$21.1727
4.94% - Litecoin
$92.2931
12.20% - Polkadot
$3.9738
1.99% - Dai
$1.0001
0.00% - Monero
$288.3772
1.20% - Bitget Token
$4.3184
0.52% - Ethena USDe
$1.0003
-0.01% - Pi
$0.5813
-1.20% - Pepe
$0.0...08137
2.01% - Bittensor
$368.5967
-0.62% - Uniswap
$4.9346
0.05%
Which country issued the Altlayer (ALT) currency?
In 2021, the National Bank of Ukraine initially issued Altlayer (ALT) as a digital form of the Ukrainian currency, the hryvnia.
Dec 07, 2024 at 03:31 pm
Which Country Issued the Altlayer (ALT) Currency?
Altlayer (ALT) is a digital currency that was initially issued by Ukraine in 2021. Here's an overview of its issuance and current status:
1. Initial Issuance and Government Involvement
- ALT was launched by the National Bank of Ukraine in December 2021.
- The Ukrainian government intended ALT to serve as a digital form of the Ukrainian hryvnia (UAH), the national currency.
- The government aimed to promote financial inclusion, facilitate cross-border payments, and reduce corruption by issuing ALT.
2. Decentralization and Private Sector Adoption
- In June 2022, the Ukrainian government announced plans to decentralize ALT, transferring its control to a private consortium.
- The consortium, known as the Altlayer Foundation, is responsible for the management and development of ALT.
- Private companies and organizations have since integrated ALT into their platforms, expanding its accessibility and use cases.
3. Technological Features and Use Cases
- ALT operates on the Stellar blockchain, known for its low transaction fees and fast settlement times.
- It can be used for a wide range of transactions, including payments, remittances, and cross-border transfers.
- ALT also supports decentralized applications (dApps) and smart contract functionality, enabling the development of innovative financial services.
4. Current Market Status and Value
- ALT is listed on several cryptocurrency exchanges, including Binance, Huobi, and KuCoin.
- As of June 2023, ALT's market capitalization is approximately $150 million.
- The value of ALT has fluctuated since its launch, reflecting the overall market sentiment and demand for digital currencies.
5. Regulatory Considerations and Future Prospects
- ALT's regulatory status varies by jurisdiction. In Ukraine, it is recognized as a digital asset but not legal tender.
- The Altlayer Foundation continues to work with regulators to establish clear guidelines for the use and adoption of ALT.
- The future prospects of ALT depend on its ability to gain widespread adoption, the development of innovative use cases, and the regulatory landscape.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- BlockDAG Rolls Out Instant USDT Rewards
- 2025-05-07 16:05:13
- Pre-market movers: Fartcoin (FARTCOIN) jumps 195%, Virtual Protocol (VIRTUAL) soars despite Trump's Liberation Day bearishness
- 2025-05-07 16:05:13
- The Financial World Is Once Again Fixated on Blockchain, as Institutional Interest from Asset Managers
- 2025-05-07 16:00:29
- Worldcoin Faces Legal Challenges in Kenya and Indonesia, WLD Token Drops 9%
- 2025-05-07 16:00:29
- Space and Time (SXT), an Innovative Web3 Data Platform, Will Soon Be Listed on Binance Launchpool as the 69th Project
- 2025-05-07 15:55:13
- In 2025, crypto airdrops continue to be one of the most accessible ways for early adopters to earn free tokens
- 2025-05-07 15:55:13
Related knowledge
How to calculate KAIA investment return rate? How to calculate the break-even point?
May 07,2025 at 03:21pm
Calculating the investment return rate and break-even point for KAIA, a cryptocurrency, involves understanding several key financial concepts and applying them specifically to the context of cryptocurrency investments. This article will guide you through the process of calculating both the return rate and the break-even point for your KAIA investments. ...
What should I do if I encounter slippage when buying and selling KAIA? How to reduce slippage losses?
May 07,2025 at 02:56pm
When trading cryptocurrencies like KAIA, slippage can be a common issue that affects your transactions. Slippage occurs when the price at which your order is executed differs from the price you expected when you placed the order. This can happen due to high volatility, low liquidity, or delays in order execution. Understanding how to manage and reduce s...
How to operate KAIA cross-chain transfers? What are the fees and speeds?
May 07,2025 at 03:00pm
Introduction to KAIA Cross-Chain TransfersKAIA is a cryptocurrency that facilitates cross-chain transfers, enabling users to move their assets between different blockchain networks seamlessly. This capability is crucial for enhancing the interoperability and utility of cryptocurrencies. In this article, we will delve into the specifics of how to operate...
How to trade KAIA contracts? What is the difference between delivery and perpetual contracts?
May 07,2025 at 01:50pm
Trading KAIA contracts can be an exciting way to engage with the cryptocurrency market, offering opportunities for both short-term gains and long-term strategies. Before delving into the specifics of trading KAIA contracts, it's important to understand the two main types of contracts available: delivery and perpetual contracts. Each type has its unique ...
How to trade KAIA with leverage? What should I pay attention to in risk control?
May 07,2025 at 02:07pm
Introduction to Trading KAIA with LeverageTrading KAIA with leverage can significantly amplify your potential returns, but it also increases the risk of substantial losses. KAIA, a cryptocurrency, can be traded on various platforms that offer leverage. Leverage allows traders to borrow capital to increase their trading position beyond what would be poss...
BSV transaction fees suddenly increased? How to adjust the handling fee to save costs?
May 02,2025 at 06:42am
Understanding BSV Transaction FeesBSV (Bitcoin SV) aims to fulfill the original vision of Bitcoin as a peer-to-peer electronic cash system. One of the key elements in this system is the transaction fee, which compensates miners for including transactions in the blockchain. Recently, users have noticed a sudden increase in BSV transaction fees, which can...
How to calculate KAIA investment return rate? How to calculate the break-even point?
May 07,2025 at 03:21pm
Calculating the investment return rate and break-even point for KAIA, a cryptocurrency, involves understanding several key financial concepts and applying them specifically to the context of cryptocurrency investments. This article will guide you through the process of calculating both the return rate and the break-even point for your KAIA investments. ...
What should I do if I encounter slippage when buying and selling KAIA? How to reduce slippage losses?
May 07,2025 at 02:56pm
When trading cryptocurrencies like KAIA, slippage can be a common issue that affects your transactions. Slippage occurs when the price at which your order is executed differs from the price you expected when you placed the order. This can happen due to high volatility, low liquidity, or delays in order execution. Understanding how to manage and reduce s...
How to operate KAIA cross-chain transfers? What are the fees and speeds?
May 07,2025 at 03:00pm
Introduction to KAIA Cross-Chain TransfersKAIA is a cryptocurrency that facilitates cross-chain transfers, enabling users to move their assets between different blockchain networks seamlessly. This capability is crucial for enhancing the interoperability and utility of cryptocurrencies. In this article, we will delve into the specifics of how to operate...
How to trade KAIA contracts? What is the difference between delivery and perpetual contracts?
May 07,2025 at 01:50pm
Trading KAIA contracts can be an exciting way to engage with the cryptocurrency market, offering opportunities for both short-term gains and long-term strategies. Before delving into the specifics of trading KAIA contracts, it's important to understand the two main types of contracts available: delivery and perpetual contracts. Each type has its unique ...
How to trade KAIA with leverage? What should I pay attention to in risk control?
May 07,2025 at 02:07pm
Introduction to Trading KAIA with LeverageTrading KAIA with leverage can significantly amplify your potential returns, but it also increases the risk of substantial losses. KAIA, a cryptocurrency, can be traded on various platforms that offer leverage. Leverage allows traders to borrow capital to increase their trading position beyond what would be poss...
BSV transaction fees suddenly increased? How to adjust the handling fee to save costs?
May 02,2025 at 06:42am
Understanding BSV Transaction FeesBSV (Bitcoin SV) aims to fulfill the original vision of Bitcoin as a peer-to-peer electronic cash system. One of the key elements in this system is the transaction fee, which compensates miners for including transactions in the blockchain. Recently, users have noticed a sudden increase in BSV transaction fees, which can...
See all articles
