R25 launches new yield-generating stablecoin rcUSD+ on Polygon.
according to 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+ supported by traditional financial instruments. rcUSD+ maintains a 1:1 peg to the US dollar while providing yields through a portfolio of money market funds and structured notes. This token will circulate throughout the Polygon DeFi ecosystem.
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