About

AAA Reserve is a stablecoin backed by a basket of currencies, government bonds, and AAA-rated credit investments.

History

Launched in January 2018, AAA Reserve (a.k.a., Arc Reserve Currency) is a digital currency with the stated primary purpose of acting as an effective store of vallue and medium of exchange by maintaining a stable value based on a diversified baskets of currencies. According to the whitepaper, the stablecoin will be valued against 7 different currencies (USD, EUR, JPY, GBP, AUD, CAD, CHF) that comprise the basket, each with diferent weights.