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View ChartReserve Dollar (RSV) is a stablecoin built on the Ethereum blockchain as an ERC-20 token. It is the flagship stablecoin of the Reserve project, which aims to build a stable, decentralized, asset-backed cryptocurrency and digital payment system that scales supply with demand while maintaining 100% or more collateral backing. The Reserve Dollar is a fiat-backed stablecoin: Reserve offers issuance and redemption of Reserve Dollars for fiat currency at 1 RSD per 1 USD, and it is an initial stablecoin rather than the fully decentralized design described in the Reserve whitepaper. The total supply of RSV stands at approximately 28.85 million tokens, which represents 100% of the circulating supply. Start date as listed by Yahoo Finance: 2020-08-27.
Reserve was founded in 2017 by Nevin Freeman and Tyler Alterman. Reserve has raised an undisclosed amount of funding and is tagged under the Coinbase Ventures portfolio. Reserve.org and app.reserve.org are operated by ABC Labs, LLC.
Reserve administers the RSV token; admin accounts can mint and burn tokens and can also freeze accounts, pause the token and upgrade the token. Buying or selling RSD for fiat requires registering on the web portal and completing KYC/AML checks. When a user buys RSD for fiat through the system, RSD is minted to give to them; when a user sells RSD for fiat through the system, those RSD are burned. Reserve controls admin accounts that can mint and burn tokens, and can also freeze accounts, wipe long-frozen accounts, pause the token, upgrade the token and update admin addresses. The codebase contains three main smart contracts: ReserveDollar (the ERC-20 token and admin interfaces), ReserveDollarEternalStorage (stores non-constant-sized data such as balances, allowances and frozen times) and MintAndBurnAdmin (holds the minter role to allow time to respond if operational keys are stolen). Reserve Rights intends in the future to back RSV with an increasingly diverse basket of assets including USDC, TUSD and PAX, moving away from its U.S. dollar peg.
Reserve Dollar distinguishes itself through its asset-backed design and its mission to create a universal store of value, particularly in regions with unreliable banking infrastructure and hyperinflation. Reserve advocates for decentralized stablecoins that are community-owned, a stated ambition rather than a current property of the token. The project's three-token system, comprising RSV, RSR, and tokenized real-world assets, creates a self-reinforcing ecosystem. The Reserve Protocol allows anyone to create decentralized stablecoins independent of fiat monetary systems, with the goal of addressing the effects of hyperinflation. Reserve is also described as building technology for Decentralized Token Folios (DTFs), permissionless tokenized indexes that create a more accessible financial system. The Reserve Protocol is an open, decentralized system that allows people to create and use asset-backed baskets of tokens called DTFs.
RSV serves multiple purposes within the cryptocurrency ecosystem. It provides a stable currency for transactions, protecting users from the volatility associated with other cryptocurrencies. For individuals in high-inflation regions, RSV enables savings protection by allowing conversion of volatile local currencies into a stable digital asset. Within the decentralized finance ecosystem, RSV serves as a stable asset facilitating lending, borrowing, and trading activities. Reserve aims to provide a stable currency for people in regions with unreliable banking infrastructure and hyperinflation. Additionally, RSV supports meta-transactions, allowing users to make on-chain payments without requiring Ether for gas fees, improving user experience through gasless transactions via relayers.
The Reserve ecosystem is expanding through development of the Reserve Protocol on Ethereum mainnet. The platform allows anyone to create their own stablecoin, called an RToken, through factory smart contracts similar to Uniswap. Upon initial launch, two types of stablecoins were planned in addition to RSV: one purely backed by USD fiat coins with no insurance or revenue, and another backed by DeFi USD tokens that generate yield for RSR stakers. The company is preparing for a self-custody version of their app by forking the RSV contract and adding meta transaction support and a Reserve Relayer. As more real-life assets are tokenized, they may serve to collateralize and back such stablecoins in the future, with baskets potentially holding real assets or even traditional equities. The code repository at github.com/reserve-protocol/rsd was archived on Sep 19, 2026 and is now read-only (188 commits).
RSV is not mined through traditional proof-of-work mechanisms. Instead, it operates as an ERC-20 token on the Ethereum blockchain with a supply adjustment mechanism managed by the Reserve Manager. The Reserve Manager manipulates the supply to keep the price stable at $1, buying and burning tokens when necessary through an auction system. RSV tokens are mintable and burnable. For those interested in participating in the Reserve ecosystem, RSR (Reserve Rights) serves as the native staking token of Reserve Protocol. RSR can be staked on specific RTokens, where stakers receive a portion of the RToken collateral's revenue in exchange for being the first capital-at-risk in the case of collateral default. RSR holders also have governance rights, including the ability to propose and vote on changes to the protocol's configuration.
To keep your RSV tokens safe, use self-custody wallets that support ERC-20 tokens on the Ethereum blockchain. Hardware wallets provide an additional layer of security by storing private keys offline. Always verify contract addresses before interacting with any token, and ensure you are using the correct RSV contract address. Be aware that Reserve controls admin accounts that can freeze, wipe, pause and upgrade the token, which poses counterparty risk. Understand the collateral default risk: if one or more collateral tokens were to default, the basket would be rebalanced by leveraging other collateral tokens while utilizing staked RSR, and if the total amount of staked RSR is not sufficient to make up for the default, stablecoin holders would ultimately take the corresponding loss. Additionally, be mindful of issuance queue risk, as high demand for RTokens may result in significant wait times before tokens are released due to global rate limits per block. Regularly monitor official Reserve channels for updates and security best practices.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for RSV are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Reserve Dollar (RSV) is $0.99013. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated RSV to USD rate at the top of BTCC’s price page. In terms of market scope, Reserve Dollar records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $27.671464M. Its current circulating supply stands at 28.85M out of a maximum supply cap of ∞.
The price volatility of Reserve Dollar (RSV) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (28.85M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Reserve Dollar (RSV) hit an all-time high (ATH) of $10.984055 on 2021-02-27 06:45, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.062962 on 2023-05-09 03:25. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading RSV futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s RSVUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Reserve Dollar, simply log into your BTCC account with USDT margin available, navigate to the RSVUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for RSVUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.99013), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for RSVUSDT with zero financial risk.
Trading Reserve Dollar (RSV) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for RSVUSDT, and review its live price ($0.99013) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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