Discover the Great Potential of Yamato Protocol in the Crypto World!

Jakarta, Pintu News – Yamato Protocol is a stable coin issuance protocol secured by more crypto assets than needed. The first version of the protocol allows the issuance of CJPY (“Convertible JPY”, equivalent to the Japanese Yen) using Ethereum as collateral.

This protocol offers an innovative solution in the digital currency ecosystem, especially for those seeking stability in exchange rates. The Yamato protocol supports not only stability but also transparency and security in transactions.

By using the Ethereum (ETH) blockchain, Yamato Protocol guarantees the reliability and security of user data. This is a step forward in creating a stable and reliable digital currency.

Yamato Protocol Data Analysis and Statistics

Recent data shows that Yamato Protocol’s Total Value Locked (TVL) has decreased by 3.94% in the last 24 hours, 7.30% in the last seven days, and 15.06% over the last 30 days. These declines indicate volatility in market participation but also reflect changing market dynamics.

Despite the decline in TVL, the number of followers on social media such as Twitter showed steady growth. In the past 30 days, Yamato Protocol saw an increase in followers of 0.29%, indicating growing interest from the online community. This indicates that despite fluctuations in TVL values, interest in the protocol remains strong.

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Comparison with Competitors

Comparing Yamato Protocol to similar projects can provide deeper insight into its position in the market. The protocol competes with other projects that also offer stable coins secured by crypto assets. This comparison is done based on category, blockchain chain, TVL, and number of followers on social media.

This competitive analysis is important to assess Yamato Protocol’s strengths and weaknesses compared to its competitors. With data updates every 24 hours, investors and users can make more informed decisions based on current and relevant information.

Conclusion

Yamato Protocol offers an interesting and innovative solution in stable coin issuance secured by crypto assets. Despite experiencing some fluctuations in TVL value, the protocol continues to attract interest and growth on social media. Powered by Ethereum (ETH) blockchain technology, Yamato Protocol promises security and stability in digital transactions.

By continuously monitoring developments and making comparisons with other projects, users and investors can better understand the potential and challenges faced by Yamato Protocol. This is an important step in making the right investment decisions in the dynamic crypto world.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Alpha Growth. Yamato Protocol. Accessed on September 24, 2025