The guide provides essentials on Reserve stablecoin – one of the cleverest solutions to inflation and hyperinflation.The Reserve (RSV) token is a stablecoin that allows its holders to perform a variety of fiat currency-like transactions. It aims to reduce risk through diversification and decentralized governance as well as create a universal store of value, particularly in regions with unreliable banking infrastructure and hyperinflation.Reserve, the company behind the token, is dedicated to building a genuinely decentralized fiat on/off-ramp and a stablecoin that is impervious to shut down a number of issues. The currency has become an issue of debate, with consumers and investors losing trust in currencies backed by banks and governments. Consequently, there is a need for money or a system that assures users of the capital value without governmental and institutional intervention or control.It seems like most stablecoins can fulfil these purposes, as they are centralized, algorithmic or pegged to a specific fiat currency. At Reserve, however, there is a focus on asset-backed coins, with backing shared across several asset classes properly, governed by a well-organized on-chain governance system. It is evident that stablecoins will determine the future of global money. And Reserve aims to be at the forefront of the race with their Reserve stablecoin.Launch of Reserve StablecoinThe Reserve Stablecoin launched alongside Reserve Rights token (RSR) in a dual-token coin system in May 2019, with an initial exchange offering (IEO) on Huobi’s Prime platform. Matt Elder and Nevin Freeman, both are tech professionals, are in charge of the Reserve team. The stablecoin also received backing from famous investors at launch, from companies like Coinbase Inc (NASDAQ: COIN) and Crypto Lotus hedge fund to prominent investors like Peter Thiel and Jack Selby.Nevin Freeman, CEO of Reserve, is a veteran entrepreneur. He wishes to help humanity reach its full potential by eliminating organizational problems. On the other hand, Matt Elder is an inspired engineer who has experience working for prominent tech names like Google LLC (NYSE: GOOG). He is the CTO and overseer of update implementations.Reserve has consequently launched on other platforms, its growth was aided by a brilliant team that has grown since Reserve’s launch to over two dozen individuals. Reserve stablecoin has come a long way since launch, growing into a true stable asset that you can now purchase and trade on various exchanges like OKEx and Binance.Basic Attributes of Reserve’s TechReserve stablecoin has three major purposes: eliminating hyper-inflation in stricken areas, making an accessible and robust merchant ecosystem, and creating a genuinely hyper stable coin. The Reserve team has taken definite strides in this direction, building a peer-to-peer platform with a dual-coin system that perfectly fulfils all three objectives.The Reserve stablecoin can fulfil its purpose on the Reserve platform due to the assurance of its stability. RSV answers the question of the dropping demand for a token affecting the value of that token. The primary technology behind its strength is the Arbitrageur system in which the RSV’s price is monitored closely for fluctuations by a protocol (the Reserve Vault). Whenever the value of RSV dips, the protocol buys RSV. Whenever prices rise, arbitrageurs can sell their RSV for money, maintaining the worth of the RSV.Besides, RSV is backed by collateralized tokenized US dollars and kept in the Reserve Vault. This is a smart contract that pools collateralized US dollar-pegged assets. The Reserve protocol also uses RSV as a market capitalization asset. Whenever RSV is sold, the payment serves to purchase collateral RSV stored in the Protocol, which keeps the RSV collateralized at a 1:1 ratio despite supply and demand issues.Reserve Stablecoin vs Reserve Rights TokenNotably, Reserve Stablecoin (RSV) is a hyper-inflation proof coin pegged to a blockchain asset basket that maintains price equity with the US dollar using smart contracts. The stablecoin is fully backed by assets like USD Coin (USDC), TrueUSD (TUSD) and Paxos Standard (PAX), with more on their way.Vault, or a special reserve for uniquely collateralized assets that represents a smart contract, holds the RSV. It is funded either by a 1% fee on all RSV transactions or any capital gains made by collateralized assets already held in the vault.The Reserve Rights token (RSR) is the second set of dual-coin tokens the Reserve protocol offers. The utility token intends to be a facilitator of the stability of Reserve stablecoin (RSV) and allows users to vote on governance proposals on the Reserve platform. RSR supports the Reserve platform as well, providing capital, and serving as payment in arbitrage opportunities.Both Reserve Rights token and the Reserve stablecoin are intertwined in function through their arbitrage minting process and value stability. The minting of Reserve stablecoin requires exchanging Reserve Rights for additional collateralized assets or assets paid back to the vault.Pros and Cons of Reserve StablecoinThe Reserve stablecoin is perhaps one of the cleverest solutions to inflation and hyperinflation, the biggest economic problems globally. They come along with other financial or fiduciary issues like counterfeiting, theft, and devaluation of national fiat currency, which is why there has been a need for a solution. Stablecoins like Reserve stablecoin are supposed to usher in a new age free from inflation. Stablecoins should provide a currency that can’t be counterfeited, is completely decentralized and free from external devaluation and control, and Reserve stablecoin fulfils all these needs perfectly.Reserve stablecoin protects itself from inflation, disruptive governance decrees and forced institutional regulation by diversifying its asset backing. The asset-backed coin uses independent collateral, freeing itself from being tied to a particular currency and its problems. Its P2P transactions deter surveillance and regulation of commerce, while the dual-coin system maintains price stability and provides on-chain governance. You can send RSV anywhere due to its asset backing status, avoiding currency regulations as well as keeping your funds safe in case of any problems.ConclusionTo sum up, Reserve Stablecoin is one of the most valuable stablecoins globally that serves an invaluable purpose. It provides a currency that preserves savings, protects funds from inflation, facilitates cheaper remittances among developing countries and enables a more trustworthy merchants payments ecosystem.Since the launch in 2018, the Reserve services have grown from a centralized test net protocol to one of the best-decentralized protocols globally. Reserve now offers a mobile payment app and has been listed on several exchanges.And more updates are on the way. The Reserve team will soon completely shift away from pegging to the US dollar to maintaining the coin’s stable value through its independent collateral asset. Other features like card payment processing, auto currency exchange, are also coming.Despite stiff competition from other stablecoins, the Reserve stablecoin continues to grow astoundingly. There is no doubt that the Reserve team’s aim of being the truest stablecoin is no doubt on its way if they continue to develop upon the Reserve protocol and its derivatives.