Reserve is a flexible pool of stablecoins designed to reduce risk through diversification and decentralized governance.
To everyday users
Reserve is just an app for buying, holding, and spending digital US dollars.
We see a whole lot of utility in stable crypto.
The Mission
We’re building a stablecoin that can't be shut down, and a network of decentralized fiat on/off ramps.
We believe that everyone’s money should be secure. Billions of people around the world don't have a safe place to store their money. Banks in some countries can't be trusted, and some governments inflate their own currency to pay off debts, hurting citizens in the process.
With a few exceptions (money laundering, terrorist financing), we believe anyone in the world should be able to transact with anyone else. This requires low-friction, cross-border transactions, which are surprisingly hard to do in many cases today.
That's the reason for creating a stable, decentralized currency that can’t be abused by a government, because it is globally distributed outside of anyone’s control, and thus nearly impossible to shut down.
Protect Your Money
Reserve enables people and businesses in countries with high inflation to protect their money by moving it out of broken currencies into a stable digital currency.
Send Money Across Borders
Reserve makes it cost-effective to send money across borders. This enables people to send money home to their families, and businesses to pay international suppliers in a stable currency.
Easily Accept Payments
Reserve allows businesses to accept payments in a stable digital currency, enabling them to easily pay their international suppliers, while also keeping their money out of inflation-prone local currency.
Two tokens power the Reserve protocol:
Reserve (RSV)
The stable cryptocurrency that is economically and legally robust at any scale. Decentralized, 100% asset backed, and funded by top Silicon Valley investors.
Reserve Rights (RSR)
The fluctuating protocol token that plays a role in stabilizing RSV and confers the cryptographic right to purchase excess Reserve tokens as the network grows.
What next?
Cryptocurrency started as a technical discussion on a mailing list, grew into a small movement, attracted hordes of speculators, and then splintered into a zillion useless imitations of itself. We believe it’s destined to consolidate and eventually give way to a battle for power on the global stage. We foresee uncomfortable disruption, a real threat of catastrophe, and a real promise of increased prosperity. Let us try to explain why.
Money is broken in some parts of the world – corrupt governments have a hard time maintaining stable value in their currencies.
Centralized, dollar-backed cryptocurrencies are an excellent solution to this problem, offering an alternative to citizens of high-inflation countries, but we worry that these solutions won’t last.
We believe the future dominant cryptocurrency will be a decentralized, dollar-independent stablecoin, and it will change the economic situation in many countries around the world.