jSEK Swedish Krona stablecoin logo

jSEK

The jSEK stablecoin is a highly liquid synthetic Swedish Krona that can be swapped at the market rate with other cryptos on the Polygon network. Its price is maintained via a peg mechanism with the USDC. It is created on Synthereum, the DeFi Forex protocol by Jarvis Network.

Sell jSEK

What is the jSEK?

The jSEK is what is called a synthetic fiat currency, meaning that it is not anchored to an off-chain fiat reserve. Instead, it tracks the price of the Swedish Krona against the price of the US dollar via a peg mechanism with USDC, one of the biggest and most trusted USD stablecoin on the market.

What is it for?

By being linked to the USDC and redeemable with it, the jSEK directly benefits from its vast liquidity and deep integration within the ecosystem. The jSEK can therefore be used for any type of volatility-free payment or trading operations on the Ethereum and Polygon networks.

How is it created?

The jSEK is issued and can be exchanged on Synthereum, the on-chain Forex protocol developed by Jarvis Network.

It can be issued by a borrowing mechanism, where anyone can deposit USDC in the protocol and receive 75% of the deposit's value in jSEK. The liquidity provider receives in reward 50% of trading fees generated on Jarvis, as well as UMA tokens.

Where can it be exchanged?

Bridge Wallet lets you buy jSEK by bank transfer, and withdraw it in 14 fiat currencies back on your bank account. More info here.

It can be freely exchanged on app.jarvis.exchange or on paraswap.io for other jFiats, USDC and other cryptos without any slippage, using Chainlink's price feeds.

Our rates for jSEK

jSEK tojSEK from
AUD Australian dollar iconAUD-
CAD Swedish Krona iconCAD-
CHF Swiss franc iconCHF-
DKK Danish Krone iconDKK-
EUR Euro iconEUR-
GBP British Pound iconGBP-
HKD Hong Kong dollar iconHKD-
JPY Japanese Yen iconJPY-
NOK Norwegian Krone iconNOK-
NZD New Zealand dollar iconNZD-
SEK Swedish Krona iconSEK-
SGD Singapore dollar iconSGD-
USD US dollar iconUSD-
ZAR South African Rand iconZAR-
Bridge Wallet Polygon asset screen

Get Bridge Wallet

Bridge Wallet is the non-custodial app to help you manage your Polygon assets from your phone, invest with the best exchange rates and withdraw your funds back on your bank account.

See features

Have a question?

Check our FAQ

The most common questions that our clients ask us are all answered there. Have a look!

Contact us

We answer all your questions, and we answer them fast! Get in touch by email or through Bridge Wallet's contact form.

We accept clients from all countries, except US and Russian persons, and residents of:

Afghanistan, Belarus, Burundi, Central African Republic, Cuba, Democratic Republic of the Congo, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Mainland China (Hong Kong and Taiwan accepted), Mali, Myanmar, Nicaragua, North Korea, Russia, Somalia, Sudan, South Sudan, Syria, Venezuela, Yemen, Zimbabwe.