$SOL According to Bloomberg,#Tetherco-founder Reeve Collins is backing a new stablecoin project that will launch on#Ethereumand#Solanalater this year. It will mint stablecoins using smart contracts, and asset backing includes #RWA. It will distribute profits among participants and launch governance tokens.

SOL A token reserve on Binance refers to a portion of tokens that a project team sets aside for specific purposes, such as future development, ecosystem growth, or strategic partnerships. These reserves are typically locked or vested over time to ensure long-term stability and prevent market manipulation. Binance may also hold reserves for liquidity, staking, or user rewards, depending on the token's utility within the exchange ecosystem.