R25, a protocol developed by Ant Financial, has launched two real-world asset-backed tokens, rcUSD and rcUSDp, on the Sui network. The rcUSD token is a stablecoin backed by regulatory-compliant financial products, while rcUSDp acts as a yield-bearing receipt for staked rcUSD. These tokens are designed to integrate traditional finance with decentralized finance, offering stability, compliance, and yield opportunities.
The Sui network's robust scalability and security features support these innovations, potentially boosting institutional adoption and enhancing financial inclusion. This development marks a significant step in bridging the gap between traditional financial systems and the DeFi space.
R25 Introduces RWA-Backed Tokens on Sui Network
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