Yes, $RSR is a memecoin. Like pretty much all cryptos.
It's a memecoin that captures all of the staking revenue of the Reserve Protocol.
It's a memecoin with a community known as Rangers or Rigatonis, because we can have more than one name.
This particular memecoin saw $3BN+ transfers in Latin America across 2020-2022.
100,000s of people saved money, set up businesses, sent letters to the team about how they finally had stable currency in their lives (a lack of it has ripple effects across generations).
It's a memecoin which the International Monetary Fund (IMF) noted for "preserving savings and protecting their livelihoods" in their digital currencies working paper.
This was before this part of Reserve had to pause because, you guessed it, regulatory uncertainty.
So this little memecoin known as $RSR began working with VISA and a bank in Maine, US, to launch again properly, ready to fire up that engine again just a few months ago.
Which means Reserve is a meme that operates in 16 countries where - in just El Salvador alone - more than 4,000 people signed up last week for easy cross-border remittance. And saving. And spending. Instantly and fee-less.
But wow, I'm making it sound like a memecoin is doing all that heavy lifting. It's not.
Reserve is a platform that lets anyone launch a stable coin (or asset-backed currency), via the first dapp at https://t.co/d7xFXA5zcg. You could launch one if you like.
You can mix and match any tokenized asset into the backing - maybe 10% gold, 20% BTC, 20% USD? A then a few other assets? What are your favorites?
Who knows what the perfect stable or yield-accruing basket is? The @reserveprotocol team is brilliant, but the true power is when economists start exploring the platform.
Which is happening - there's now $300m in Reserve's stablecurrency economy - 10x in the last year. Maybe we will see a long-tail of 100s or thousands of stablecoins launched for different purposes, as @0xJMG suggests.
Maybe we will see 4 or 5 stablecoins "battle it out" for dominance across the world.
In a few months Reserve launches the $DTF platform. This might be where a pretty complete picture gets even more complete.
Because stablecurrency for everyone is the goal, but why stop there?
DTF - Defi Traded Fund - has the same mechanics as a Reserve stablecoin: but this time it can be a index of ANYTHING.
Would you like to hold an ETF-style basket of your favorite AI cryptos? Your favorite meme cryptos? Do crypto influences want to launch their own baskets of their top choices that anyone can hold?
So this little memecoin is targeting being the Decentralized BlackRock of crypto - and with everything Reserve has learned so far, yeah: this next bit is going to be fun.
But let's not lose sight of the goal: crypto will have BIG FUN with DTFs - but hopefully it means other people are going to start thinking about "what does a global, asset-backed, decentralized, first-loss governed, yield-bearing stablecoin look like?"
That's a mouthful, but it's what this little memecoin is built for. Pre-baked and ready to cook for the tokenization / RWA wave, which you don't need a crystal ball to see coming.
This memecoin is already in #1 out of all the indexes tracked on DefiLlama.
And yes, it's a memecoin in which Peter Thiel and Sam Altman invested in, and Coinbase Ventures.
And yes, it's a project that had new SEC chair Paul Atkins was advising in.
Money is in itself a meme, a common language we all share (with different dialects). It's a story of trade and services and legitimacy and - when it's not being printed endlessly - stability.
So yes, $RSR is a memecoin, but one doing a lot of work. Doing it carefully. Doing it with pretty much zero shill, and with metrics constantly going up (ones which are not just price).
Remember that memes are in one sense stories.
And the book of Reserve is still being written.
Follow them at @reserveprotocol.
There’s a scene in Breaking Bad where Walter White’s wife realizes he’s made $7.5 million and says:
“There’s no way we can wash this money through a car wash. No car wash in the world makes that kind of money in a year.”
That line hit me. Because it exposes a truth most people ignore: How much you earn is capped by the kind of business you run.
You can work harder, stay longer, even get smarter - but you’ll never make more than what your business model is designed to carry.
$CMC20 is now officially listed on @Aster_DEX! 🔥
$CMC20 is a DeFi-native on-chain index token that tracks the top 20 largest cryptocurrencies by market cap, excluding stablecoins and wrapped assets. Think of it as the crypto version of the S&P 500, but fully decentralized and tradable on BNB Chain.
Instead of buying 20 different assets and managing them yourself, one $CMC20 token gives you diversified exposure to the top tier of the crypto market, simplifying portfolio exposure, reducing single-asset risk, and saving time on rebalancing.
Why this matters:
🔹 Broad market exposure in a single token
🔹 On-chain transparency and composability
🔹 Automatic rebalancing as rankings shift
🔹 Lower complexity vs managing dozens of positions
To celebrate the debut on Aster DEX, there’s a $50,000 ASTER reward pool for trading the CMC20/USDT spot pair, trade & earn while participating in deep liquidity!
Join the momentum, trade $CMC20 on Aster, and access diversified market exposure, all in one token.
Check out the details here:
https://t.co/Bzzw2hCwYu
AI makes volatility usable.
Stability comes from moving through change, not avoiding it.
The systems that win are those that turn volatility into profit through coordination.
Your upside is participation.
$RSR
More below for those thinking long-term.
https://t.co/xhLZdH5x2V
“Financial assets want to be free. They want to be open. They want to be interconnected. Crypto turns financial assets into file formats, makes it as easy to send a dollar or a stock as to send a PDF. Crypto makes it possible for everything to talk to everything. It makes it all 24/7, global, interconnected, and open.
That will win. Open always wins.
If there’s no other lesson I've learned from the Internet, it’s that. Incumbents will fight against it, governments will huff and puff, but eventually they will give up against the adoption, the generativeness, the sheer efficiency that this technology enables. It’s what the Internet did to every other industry. Blockchains are how that same trend will gobble up all of finance and money.
Yes—with enough time—all of it.
An old saying goes: people overestimate what can happen in two years, but they underestimate what can happen in ten.”
Japan’s PM, Sanae Takaichi says it’s better for the population to shrink than to fill the country with low-skilled immigration – preserving Japan’s way of life matters more than cheap labour. 🇯🇵
She’s correct. Too bad Europe doesn’t have leaders like this.