$RSR

RSR, or Reserve Rights, is a dual-token stablecoin platform launched in May 2019 after a successful Initial Exchange Offering (IEO) on Huobi Prime. Here are some key information about RSR:

• Price and Market Cap: According to the latest market data, the current price of RSR is approximately $0.011987011046, with a market cap of approximately $638.81 million.

• Circulation and Total Supply: As of 2024-12-03, there are currently 5.329 billion RSR in circulation, with a maximum supply of 10 billion RSR.

• Project Features: The main purpose of the RSR coin is to help maintain the stability of the stablecoin RSV, which is associated with it. RSV is backed by a basket of assets and aims to maintain a 1:1 peg to the US dollar. The RSR coin is volatile and helps maintain RSV at a target price of $1.00 through a system of arbitrage opportunities.

• Project Vision: Reserve aims to build a stable, distributed stablecoin and digital payment system, with stablecoins that have self-regulating supply in combination with demand and 100% or more on-chain collateral support. Reserve's ultimate goal is to create a universal medium of value storage, especially in areas with unreliable financial infrastructure and/or high inflation.

• Support and Investment: The Reserve project has received support from many influential investors in Silicon Valley and the digital asset space, including PayPal co-founder Peter Thiel and YCombinator President Sam Altman.

• Exchanges: RSR coins can be traded on multiple cryptocurrency exchanges, including Binance, gate.io, KuCoin, OKX (OKEx), Crypto.com Exchange, etc.