The RSR token, associated with the Reserve Protocol stablecoin project advised by Paul Atkins, surged 13.6% following its listing on Coinbase and Atkins' official swearing in as SEC chairman. The token, essential for maintaining the stability of the Reserve Dollar (RSV), had already been on the rise prior to this news. Coinbase announced the token's listing on April 21, set to take effect April 22. RSR reached a near two-month high of $0.00835, with a market cap of $464 million. Paul Atkins aims to create a business-friendly regulatory environment while ensuring consumer protection, suggesting a shift towards a more crypto-friendly stance at the SEC. His appointment is seen as a change from prior SEC leadership, which was more conservative on crypto regulation, indicating a potential for more favorable treatment of digital assets under his guidance.

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