R25 launches new yield-bearing stablecoin rcUSD+ on Polygon
Jinse Finance reported, citing The Block, that the stablecoin and RWA protocol R25, incubated by Ant Financial, has partnered with Polygon to launch a new yield-bearing stablecoin, rcUSD+, backed by traditional financial instruments. While maintaining a 1:1 peg to the US dollar, rcUSD+ provides yield through a portfolio of money market funds and structured notes. This token will circulate throughout Polygon's entire DeFi ecosystem.
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