What does 10u digital currency mean (how much is 1u digital currency worth)?

What does 10u digital currency mean? According to official sources, 10u digital currency refers to 10 US dollars. 100,000 US dollars and 100,000 Chinese yuan have the same concept, but 10,000 yuan is a unit price, which means that 100,000 US dollars can be exchanged for 1 million banknotes or any other encrypted assets. This also means that 10,000 yuan is a unit value (10,000 yuan). There is no intermediary responsible for settlement in the transaction process, and all funds are secure.

In addition, if someone wants to use cryptocurrencies like Bitcoin or Litecoin to purchase electronic products, they need to use the corresponding fiat currency to participate in this market. The 100,000 Ethereum tokens are also digital currencies bought by users through exchanges, and the token used is called 10U, also known as 10USDT. (Note: Currently, there are various tokens based on the Ethereum ERC20 protocol standard issued, such as LTC, ETC, EOS), the total quantity of these tokens is 5 billion, but the circulating quantity is only 4 billion.

How much is 1u digital currency worth?

According to cryptocompare data, how much is 1u digital currency (one US dollar) worth? According to BitcoinExchangeGuide’s data, there are currently over 10 million US dollars worth of cryptocurrencies in the market. Bitcoin’s price in December last year was around $10,600. 1U is equivalent to 20,000 Chinese yuan; Ethereum’s price in January was around $42,000; Litecoin’s opening price in early January was $3,000. If 1 BTC is calculated as 1 million Chinese yuan based on Bitcoin’s price, then 1U is worth 1.5 million Chinese yuan.