![Reserve logo]( "Reserve logo")
Live RSV Price Analysis
The current real time Reserve price is $1.62, and its trading volume is $0 in the last 24 hours. RSV price has grew by
1.10%
in the last day, and decreased by
3.41%
in the last 7 days. It’s important to note that current Reserve market capitalization is $46,751,245, Talking about circulating supply, RSV has 28,850,667 coins. Currently, Reserve rank on the market is #528.
Reserve price today is
85.25%
below
all time high, and it is
1,957.97%
above
all time low.
All data and prices are updated in real-time. The most active and popular exchanges for buying or selling RSV are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.
What Is RSV?
RSV (the Reserve Dollar) is a stablecoin created on the Reserve protocol. It is an Ethereum-based protocol utilized for the creation of stablecoins that are backed by baskets of on-chain collateral assets. Since the Reserve Dollar is a stablecoin, the RSV price tends to stay relatively close to $1. However, it is still prone to a certain degree of fluctuation. Check out the Reserve price chart featured above if you want to see how much it fluctuates.
The stablecoins created on Reserve are referred to as RTokens. Thus, RSV is one of many RTokens that can be pegged to a variety of fiat currencies. RSV is pegged to the US Dollar at a 1:1 ratio and backed by a basket that consists of equal amounts of TUSD, PAX, and USDC. The assets that back RSV are held on the Reserve Vault.
Besides, the Reserve protocol has a native utility token called the Reserve Rights (RSR) token. RSR is used for governance and staking. However, RSR is also used to keep the RSV price stable (or the prices of other RTokens for that matter). How does it work? RSR tokens are used to recapitalize the network when the value of the Reserve Vault decreases to a particular level. However, when the RSV price rises above that certain level, RSR tokens are sold in order to bring it down.
What's Reserve trading volume in the last 24 hours?
RSV has a trading volume of $0 in the last 24 hours.
What's Reserve highest price ever?
RSV has a highest price of $10.98, which was reached on Feb 27, 2021 (3 years 1 month ago).
What's Reserve lowest price ever?
RSV has a lowest price of $0.0787, which was reached on Nov 21, 2023 (4 months 4 weeks ago).
What are the best exchanges for buying and selling RSV?
What are the safest hardware wallets for keeping RSV?
According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Reserve. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.
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