Institutional RWA Protocol R25 Launches rcUSD and rcUSDp on Sui
BlockBeats News, November 25th, the institutional-grade RWA protocol R25 officially brought real-world assets to the Sui Network, launching rcUSD (a token backed by RWA) and its interest-bearing version rcUSDp. This collaboration enables regulated off-chain financial instruments to be brought on-chain on Sui, achieving on-chainization.
rcUSD: A token backed by RWA – supported by regulated, interest-bearing real-world financial instruments, pegged to a value of 1 US dollar;
rcUSDp: A yield-bearing token received by staking rcUSD, with interest-earning capabilities. Its sources of yield include: underlying RWA asset pools (such as tokenized money market funds), on-chain incentives, allowing holders to continuously receive staking rewards.
rcUSD and rcUSDp will be integrated with various DeFi protocols on Sui, bringing new on-chain yield opportunities, lending functions, RWA-backed asset liquidity, further expanding the Sui DeFi ecosystem, which already has over $2 billion TVL. This collaboration represents a significant advancement in bringing compliant off-chain assets on-chain, with rcUSDp being among the first yield-bearing tokens supported by institutional-grade security and real yield assets. For Sui, this is also a crucial milestone driving TVL growth and introducing non-crypto-native liquidity.
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