According to Mars Finance, the RWA stablecoin protocol R2 announced that the first round of the testnet (Season #0) officially ended on June 15, attracting over 290,000 users and exceeding 13 million on-chain interactions. Users from regions such as Vietnam, the United States, and Indonesia showed the highest activity. R2 stated that the final testnet will launch on June 23, introducing core features such as cross-chain bridges (Wormhole), sR2USD auto-compounding staking, R2 Token claim simulation, and a full-chain exit mechanism to further validate the integrity and composability of the protocol. R2 is building a globally redeemable yield-bearing stablecoin infrastructure, supported by assets issued by licensed institutions such as Superstate, Ondo, and DigiFT. The mainnet is planned to launch in Q3 2025.

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