RedSonic Vault Tether USD RSVUSDT
RSVUSDT
0.5887
$
0.00 %
Change 24h
Market Cap
$ 9477.4
Volume 24h
$ 8.740
Circulating Supply
16,100
Total Supply
10,590
RSVUSDT
$
| # | Exchange | Pair | Price | Volume 24h |
|---|
Description
RedSonic is an Ethereum zk Layer 2 solution released and maintained by Reddio. RedSonic Vault Tether USD (rsvUSDT) is a token that users receive when they deposit USDT, which replaces USDT for cross-chain operations to Layer 2. The USDT stored in RedSonic Vaults will be partially used for risk-free investments, and the generated returns will be proportionally distributed to all rsvUSDT holders. When users return from Layer 2, the exchange operation will be executed on Layer 1 Ethereum, burning rsvUSDT to retrieve the principal and all returns in USDT.