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About Reflection USD Stablecoin
“What is Reflection? Reflection is a Stock Tokenization platform whereby users trade crypto versions of listed stocks. Reflection Stock Tokens are backed by shares of real stock, thus always assuring price parity between the stock and the token. It is a form of Asset Tokenization, one of the hottest trends in crypto today, and it is the future of stock trading.
Reflection Stablecoin – RUSD. RUSD is backed 100% by a combination of cash and other stablecoins (such as USDT and USDC), which are 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 converted into another stablecoin, which can, in turn, be redeemed for cash. There is no fee for converting RUSD into another stablecoin.”
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