CryptoCurrencies
17322
Exchanges
500
Total Market Cap
3,282,488,979,123
Volume 24h
243,392,578,961
Dominance
BTC 61.32%   ETH 8.23%   USDT 4.75%   XRP 3.63%

RedSonic Vault Tether USD
RSVUSDT

0.5887
$
0.00 %
Change 24h
Market Cap
$ 4960.6
Volume 24h
$ 8.740
Circulating Supply
4826
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.