reserve-rights-token Reserve Rights Token (RSR)

$0.0315
-5.96% (24H)
Watch
Market CapVolumeAvailable Supply
$416.04 M$84.90 M13.16 B RSR

Reserve Rights Token current price is $0.0315 with a marketcap of $416.04 M. Its price is -5.96% down in last 24 hours.

Reserve aims to build a stable, decentralized, asset-backed cryptocurrency and a digital payment system that scales supply with demand and maintains 100% or more collateral backing. Ultimately, Reserve’s goal is to create a universal store of value – particularly in regions with unreliable banking infrastructure and regions where hyperinflation is an issue. The Reserve system will interact with three kinds of tokens:(1) The Reserve token (RSV), which is a stable cryptocurrency that can be held and spent the way we use normal fiat money;(2) The Reserve Rights token (RSR), a protocol token used to facilitate the stability of RSV.(3) A growing variety of tokenized real-world assets (such as other stablecoins) that are held by the Reserve smart contract to back RSV.

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