Particle.news
Download on the App Store

R25 Launches Yield-Bearing rcUSD+ Stablecoin on Polygon

R25 touts a dollar‑pegged, money‑market‑backed design with audits, documentation, contract address still undisclosed.

Overview

  • rcUSD+ went live on Nov. 14 as R25’s first deployment on Polygon, which the project describes as its preferred EVM network.
  • The token is marketed to maintain a 1:1 dollar peg while distributing returns from real‑world assets such as money market funds and structured notes directly to holders.
  • Polygon was selected for low fees and stablecoin liquidity, with co‑founder Sandeep Nailwal saying the partnership brings institutional‑quality RWA options for builders.
  • R25 was incubated by Ant Financial, and reporting indicates it will use Ant’s technology for asset verification and oversight.
  • At launch, independent checks were constrained as the website and docs were inaccessible, the contract address was not shared, and no security audits or yield methodology were published.