The R25 protocol has announced the launch of two new tokens, rcUSD and rcUSDp, on the Sui blockchain, aiming to bring regulated real-world assets (RWAs) into the digital finance space. This initiative is set to expand access to regulated financial instruments and onchain yield opportunities, according to the Sui Foundation. Real-World Assets (RWA) Enter the Onchain Ecosystem R25’s introduction of rcUSD and rcUSDp represents a significant leap in integrating traditional financial assets into the blockchain ecosystem. The rcUSD token is supported by a diversified portfolio of tokenized money market funds and stablecoins, designed to maintain a value of one US dollar. Meanwhile, rcUSDp serves as a yield-bearing counterpart, providing staking rewards from the underlying RWA portfolio and public chain incentives. Christian Thompson, Managing Director of the Sui Foundation, emphasized the importance of this development, stating that it bridges traditional finance with blockchain infrastructure, offering new pathways for institutional capital to enter the onchain economy. Enhancing the Sui DeFi Ecosystem The integration of rcUSD and rcUSDp with DeFi protocols on the Sui network is expected to unlock yield opportunities, lending functionality, and liquidity for RWA-supported assets. This move is anticipated to bolster the DeFi ecosystem on Sui, which has already achieved over $2 billion in Total Value Locked (TVL). Jason Windawi, R25’s Chief Strategy Officer, highlighted the strategic choice of Sui due to its technological innovations and strong presence in Asia. He noted that rcUSD has the potential to unlock new opportunities for institutions and strengthen Asia’s role in the global onchain economy. The launch of these tokens symbolizes a step forward in tokenizing off-chain assets, with rcUSDp being one of the first yieldcoins backed by institutional-grade safeguards and income-producing assets. This development is crucial for driving liquidity and TVL from outside the crypto-native economy into the blockchain space. For more details, visit the Sui Foundation. Image source: Shutterstock.
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R25 Expands Sui Network with rcUSD and rcUSDp Launch