RSR is the native token of the Reserve Rights network, it is one of two tokens on the Reserve Rights platform. Launched in May 2019, the platform aims to bring a stablecoin offering to parts of the world with unstable currencies to give their economies the tools necessary to create a more stable and productive economy. The stablecoin RSV is currently pegged to the US dollar with plans to move towards a more diverse group of stable assets to remove its concentration risk to the American economy. The RSR token is a governance token which is more volatile than the RSV, which also serves a dual purpose of helping to maintain RSV’s stability. The project has an impressive team and group of backers. The team consists of managers who have previously created successful startups and a CTO with previous experience at Google and Quixey. One of the most notable backers of the project is the Founder’s Fund, Peter Thiel’s (Co-Founder of Paypal) venture capital fund in Silicon Valley which is one the most respected venture capital groups in the world.