Reflection Stablecoin - RUSD

In addition to stock tokens, we are also introducing a new stablecoin called RUSD. RUSD is backed 100% by a combination of cash and other stablecoins (such as USDT and USDC), which are themselves backed 100% by cash. When you redeem (sell) a stock token on Reflection, you receive RUSD in your wallet. RUSD can then be used to buy more stock tokens, or it can be converted into another stablecoin, which can in turn be redeemed for cash. There is no fee for converting RUSD into another stablecoin. At this time, RUSD cannot be purchased with fiat currency on our site, but we hope to provide this functionality in the future.