QC Price usd_qcash Price today

QC qcash

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＄0.091116018

Glob. Mkt Cap Rank： Unranked

2024-08-07:09:35:35update

24H High

0.6614

24H Turnover

0.00

Max Supply

0.0

24H TR

0.0%

24H Low

24H Vol

3039632.94

Curr. Issued

460000200.0

24H High-Low

ATH

3568.55

Highest Mkt Cap

0.00

Circulating Supply

460000200.0

Dominance

-- --

ATL

0.30

Mkt Cap (Float)

0.00

Circulating Supply

4.6%

Issue Date

2017-11-27

Introduction

Latest News

News Flash

Basic information

Full Currency Name	/QC
Currency Code	QC
Coin Intro	Qcash, also known as QC, is a cryptocurrency issued on the Quantum Chain smart contract by the Qcash Foundation. It was launched on November 27, 2017, with a total supply of 10,000,000,000 QC. Design Philosophy: QuickCash is designed to provide low-cost liquidity through smart contracts. Anyone can access liquidity by over-collateralizing their digital assets. The on-chain issuance model encourages individuals to voluntarily collateralize their funds, enriching the liquidity sources and eliminating the need for centralized gateways and custodians. This also eliminates the need for questioning central authorities, as the collateralization process is transparent on the blockchain. Issuance and Collateralization: The Qcash Foundation unlocks a portion of QC for circulation based on a digital asset collateralization model. Circulating QC is backed by at least 100% collateral, which can be in the form of BTC, BCH, ETH, LTC, QTUM, HSR, or other major digital assets. All users can participate in collateralization and view the process publicly. Network transaction fees generated from circulation are distributed evenly among collateral providers. The Foundation retains control over the collateral. Team and Background: QuickCash is a blockchain project initiated by Quickcash Network Pte. Ltd., headquartered in Singapore. Quickcash Network has a branch in Hong Kong. The team consists of talented individuals from around the world, with expertise in blockchain, finance, the internet, and big data. QuickCash is a leading organization in providing stablecoin solutions globally. QC, issued through digital asset collateralization, has become one of the most stable currencies worldwide. As blockchain technology advances, we continuously explore and optimize our stablecoin solution, aiming to provide a decentralized, freely circulating, stable-rate, secure, and compliant currency for the market. We strive to build a frictionless, faster global trading network using stablecoins. Market Performance: Current Price: $0.091116 24-Hour Trading Volume: Not publicly available. Price Change (24 hours): No change. Market Cap: Not publicly available. Circulating Supply: 460,000,000 QC Total Supply: 1,000,000,000 QC Important Note: This information is based on the provided context. Always conduct thorough research and due diligence before making any investment decisions.
Issue Date
All-Time High	$1.9082665
All-Time Low	$0.042338596
Total Supply	10000000000
Circulating Supply	460000200
Circulating Supply Percentage	0.04600002
Market Cap	NaN
Fully Diluted Market Cap	$9.111601799999999e-12
Mkt Cap (Float)	$
Circulating Market Cap % of Global Total
Listed on Exchanges	0
Official Link	https://www.quickcash.com
Whitepaper	https://quickcash.com/QuickCash-whitepaper-V2.0-en.pdf
Blockchain Explorer	"https://explorer.qtum.org/token/f2033ede578e17fa6231047265010445bca8cf1c"
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Currency Introduction

Qcash, often referred to as QC, is a stablecoin officially known as QuickCash, issued on the Quantum Chain smart contract. Lets dive into the details:

I. Basic Information

Chinese Name: Quick Money (快钱)

English Name: QuickCash

Ticker Symbol: QC

Type: Stablecoin

Issuer: Quickcash Network Pte. Ltd.

Pegged Value: $0.15 (approximately equal to 1 Chinese Yuan)

II. Technical Features

Underlying Blockchain: Qcash is issued through a smart contract on Quantum Chain (or other compatible blockchains), ensuring transparent and secure transactions.

Collateralization Mechanism: Initially, Qcash is locked. Users can unlock a portion of Qcash for circulation by collateralizing it with major digital assets like BTC, ETH, EOS, LTC, and QTUM. The collateralization ratio is set at 150% or higher, meaning that circulating Qcash stablecoins are backed by an overcollateralized digital asset credit guarantee. This mechanism effectively prevents excessive Qcash from entering the market, ensuring price stability and free circulation.

Transparency: All collateralization and circulation records are publicly displayed on the blockchain, enhancing transparency and trustworthiness.

III. Market Performance and Circulation

Total Supply: 10 billion coins

Circulating Supply: According to recent data, the circulating supply is approximately 460 million coins (subject to change, refer to official announcements or market data for the latest information).

Circulation Rate: 4.6%

Market Ranking and Market Cap: Qcashs global ranking and market capitalization in the cryptocurrency market can vary due to market fluctuations. Consult up-to-date market data for the latest information.

IV. Application Scenarios and Ecosystem

DeFi Ecosystem Building: As one of the earliest stablecoin solutions providers, Qcash has garnered attention in the DeFi ecosystem. Its stable exchange rate and free circulation make it a crucial measure of value and exchange medium in DeFi projects.

Cross-Chain Exchange: The official QuickCash platform offers 1:1 cross-chain exchange services for public chain projects like BTC, LTC, EOS, and FIL into ERC-20 tokens. Notable offerings include QFIL, which is a cross-chain swap of FIL, and the DeFi-QFIL high-yield mining program launched on the Zhongbi platform, which has attracted significant user interest.

Important Note: This information is based on the provided context. Always conduct thorough research and due diligence before making any investment decisions.

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