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Daily Hot Token — Radiant (RDNT)
U.S. equities dropped slightly following disappointing Tesla shares. The broader cryptocurrency whipsawed, with Bitcoin and Ether shedding 2.98% and 1.21%, respectively, in the past 24 hours.
Today’s hot token is RNDT, the native token for Radiant Capital, an omnichain lending platform that allows users to generate borrowing interest for lending and borrowing assets across multiple chains seamlessly. While there are other borrowing and lending platforms in the crypto world, Radiant Capital has the distinction of being the first omnichain money market. RDNT has outperformed the market, with a return of 47.1% in the past week following the listing in Bybit on April 17, as well as growing capital flowing into the protocol, as seen by growing TVL on Radiant V2.
Check Out the Latest Prices, Charts, and Data of RDNTUSDT!
Talk of the Town
France’s banking giant Societe Generale (SocGen) newly introduced a Euro-pegged stablecoin on Ethereum. The stablecoin is called EUR CoinVertible (EURCV) and will be offered to SocGen’s institutional clients to bring access to traditional money in a convenient way. What sets EURCV apart is the fact that it is built on a public blockchain, unlike a private blockchain that disconnects from the rest of web3.
Check out what else is buzzing in the crypto scene today:
Radix's XRD Token Beats Wider Crypto Market With 176% Surge in a Month. (Link)
Russia Moving Forward With Crypto International Settlement Experiment. (Link)