Stablecoin protocol Reserve invests 20 million dollars to purchase governance tokens such as Curve and Convex

ChainCatcher message, the stablecoin protocol [Reserve](https://www.rootdata.com/zh/Projects/detail/Reserve protocol?k=MjI3) will invest $20 million to purchase governance tokens of Curve (CRV), Convex (CVX), and Stake DAO (SDT). This investment aims to increase the liquidity of Reserve's stablecoin RTokens and voting rights in the governance systems of these applications. The Reserve team stated that this investment could bring new features such as lending and wallet products.

Reserve is a stablecoin protocol that allows users to mint stablecoins pegged to the US dollar, backed by any asset, known as RTokens, such as electronic dollars (eUSD), high-yield dollars (hyUSD), etc. (Cointelegraph)