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Reserve aims to establish a stable and distributed stablecoin and digital payment system. Its stablecoin has the characteristics of self-regulating supply in combination with demand and having 100% or more on-chain collateral support. The ultimate goal of Reserve is to create a universal store of value-especially in areas with unreliable financial infrastructure and/or high inflation. The Reserve project is supported by PayPal co-founder Peter Thiel, YCombinator President Sam Altman, and many influential investors in Silicon Valley and the digital asset field.
Reserve Rights Token (RSR) is mainly used to maintain the price stability of Reserve Tokens. Reserve token, a stable currency issued by the Reserve system, can be held and used in the same way that we use legal tender and other tokens.
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