
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.