Reserve Rights Token to Be Listed on Coinbase Exchange

Reserve Rights Token to Be Listed on Coinbase Exchange

Coinbase Exchange will list Reserve Rights Token (RSR) on April 22nd. Refer to the official tweet by RSR: Trading will begin on or after 9AM PT on 22 April, 2025 if liquidity conditions are met. Once sufficient supply of this asset is established trading on our RSR-USD trading pair will launch in phases. Support for RSR may be restricted in some supported jurisdictions.RSR InfoReserve Rights is a stablecoin platform consisting of two tokens, including the Reserve Stablecoin (RSV), which is a value-backed coin, and the Reserve Rights Token (RSR).The Reserve Rights Token (RSR) is used to maintain the stability of the RSV token. When the price of RSV deviates from the $1 peg, the protocol’s algorithms automatically utilize RSR to buy or sell RSV on the open market until its price is restored to the $1 level.Therefore, the RSR token plays a crucial role in maintaining the stability of RSV and ensuring its liquidity. RSR holders can also participate in protocol governance and vote on matters related to its development and improvement.

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