The FT232R is a USB to serial UART interface
A low-cost way to add USB capability to for Arduino or other microcontrollers. Use this to give your own breadboard for Arduino USB capability for bootloading or downloading sketches.
RXD/TXD transceiver communication indicator
Includes over-current protection, using a 500ma self-restoring fuse
This board includes a DTR pin needed to auto-reset Arduino when downloading to your device.