Coinbase's Stabilized Coin Reserve will launch a French currency payment application in Venezuela and Angola

On May 13th, Coinbase invested in the stable currency project Reserve, which announced that it will launch cryptocurrency and legal currency payment applications in Venezuela and Angola, a country in southwest Africa. Reserve said the app will be available to Android users on Google Play in the next few weeks, and individuals and businesses can exchange local currency with the company's Decentralized Commodity Dollar (RSD).