Final month, Cointelegraph interviewed Reserve CEO Nevin Freeman and the fee decentralized utility’s group supervisor Yens Michiels concerning the firm’s mission to offer entry to secure currencies. Extra just lately, Cointelegraph spoke to a few customers based mostly out of Venezuela and Colombia who shared their optimistic experiences with Reserve.

Reserve is a software to trade fiat foreign money like Venezuelan bolivares for U.S. {dollars} through the Reserve (RSV) stablecoin. From on a regular basis purchases to household remittances, Reserve has stated that its use instances are more and more rising in Latin America. After one 12 months in the marketplace in Venezuela, Colombia, Panama and Argentina, there are over 100,000 weekly app guests and greater than 8,000 retailers accepting it as a method of fee.