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ABOUT Reserve
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.
Contract Addresses:
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CRYPTO INFO
Ethereum Holders: 460
FD Market Cap: $28.4 Mil
Avail Supply: 28257547
Total Supply: 28257547
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EXCHANGE PRICES
Coinbase: $1.005 Chainlink: $0
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The #Bitcoin price dropped 5% to $26K following the Federal Reserves interest rate hike announcement
Australia-based crypto exchange Independent Reserve is considering establishing a base in crypto-friendly Hong Kong, but a few factors are at play.
Australian crypto exchange Independent Reserve plans to look more closely at opportunities in Hong Kong as the city seeks to create a hub for digital-asset businesses