แปลง Reserve Rights RSR เป็น Circle USYC USYC

Reserve Rights (RSR) is the central governance token of the Reserve ecosystem. Reserve is a platform for creating DTFs (Decentralized Token Folios), which are the decentralized, self-custody, onchain version of ETFs. DTFs created on Reserve are called RTokens, and there are two types: Yield RTokens and Index RTokens. When staked on any Yield RToken or locked on any Index RToken, RSR holders gain governance rights to propose and vote on basket and configuration changes. For Yield RTokens, staked RSR serves as overcollateralization, providing first-loss capital in the unlikely case of a collateral default in exchange for a portion of revenue. RSR tokens can also be held unstaked if preferred.

USYC: Tokenized Money Market Fund Hashnote International Short Duration Yield Fund Ltd. invests in short-term U.S. Treasury Bills and performs repo/reverse repo activities as the underlying asset of the USYC token. USYC earns short-term Fed rate returns. Tokenization enables the fund to deliver rapid transactions, onchain transparency, and seamless composability—while maintaining strong controls across regulatory and credit dimensions.