R25 launches yield-bearing RWA stablecoin protocol on Polygon
R25 launched its yield-bearing RWA stablecoin protocol, rcUSD+, on Polygon, backed by traditional financial instruments.Summary
R25, a stablecoin and Real-World Asset (RWA) protocol, has launched its onchain platform on Polygon, introducing a new class of yield-bearing stablecoins backed by traditional financial instruments.
The debut product, rcUSD+, is designed to maintain a one-to-one dollar peg while generating yield from a portfolio of money market funds and structured notes. Polygon co-founder Sandeep Nailwal stated the collaboration aims to integrate "institutional-quality real-world assets" onchain, noting R25's risk-managed structure will benefit the ecosystem. R25 expects rcUSD+ to be composable across various DeFi protocols on Polygon.
This launch occurs amid growing interest in tokenized RWAs, a market Standard Chartered estimates could reach $2 trillion by 2028. Analysts note that yield-bearing stablecoins and tokenized assets are rapidly closing the yield gap between traditional finance and crypto.
(Source：The Block)