What Is Reserve (RSV) Stablecoin?
2 hours ago by Oluwapelumi Adejumo · 6 min read
Photo: Reserve / Medium
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The guide provides essentials on Reserve stablecoin – one of the cleverest solutions to inflation and hyperinflation.
The Reserve (RSV) token is a stablecoin that allows its holders to perform a variety of fiat currency-like transactions. It aims to reduce risk through diversification and decentralized governance as well as create a universal store of value, particularly in regions with unreliable banking infrastructure and hyperinflation.
Reserve, the company behind the token, is dedicated to building a genuinely decentralized fiat on/off-ramp and a stablecoin that is impervious to shut down a number of issues. The currency has become an issue of debate, with consumers and investors losing trust in currencies backed by banks and governments. Consequently, there is a need for money or a system that assures users of the capital value without governmental and institutional intervention or control.