What is Reserve Protocol?

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. Some countries also limit their own citizens from accessing foreign currencies. Some countries are seen as too high risk by global financial institutions, so their citizens are either not allowed to have accounts, or their accounts are highly limited and frozen so often that it’s hard to just do normal business.

Reserve is building a a better currency in terms of economic stability and performance than the US dollar. We are developing a system capable of promoting greater monetary stability and able to protect the product of our users effort and talent. Wherever hyperinflation happens, people can easily switch to our financial infrastructure, so lives and economies can keep running smoothly.

With RSV we are building the most accessible, economically strongest, and most robust-to-attack currency that we can make, and aiming to over time convince a large portion of the world to replace other currencies with it. Users want the benefits of cryptocurrency (easy international payments, no annoyances involving traditional centralized finance characters, seizure-resistant store of value…) and the financial properties of existing assets. Stablecoins provide that.


Dollar pegged stablecoins (and eventually stable non-USD-denominated cryptoassets) can be used to run entire economies. And because transactions are peer to peer, they are very different from a regulation perspective than normal digital money. They are both:

  • not regulated – i.e. when I transfer some RSV to you, no company or person in the world is responsible for tracking that transaction or knowing our identities, at least from the US legal perspective,

  • harder to regulate – e.g. governments that control bank rules in order to stop their citizens from buying foreign currencies will have a harder time controlling these P2P transactions.

So what is Reserve Protocol? Reserve Protocol is a decentralized dual stablecoin system supported by a network of decentralized fiat on/off ramps. The stablecoin scales supply with demand and is built to maintain 100% or more on-chain collateral backing. Our goal is for Reserve to be an immune system for hyperinflation, where any country that has gone into a hyperinflationary cycle has mass-switched to using Reserve in order to avoid that.