RWA Stablecoin Protocol R2 Announcement, the first round of the testnet (Season #0) officially ended on June 15, attracting over 290,000 users with more than 13 million on-chain interactions. Users from regions like Vietnam, the United States, and Indonesia are the most active.
R2 indicates that the final testnet will launch on June 23, introducing core functions such as cross-chain bridge (Wormhole), sR2USD automatic compound staking, R2 Token claiming simulation, and a full-chain exit mechanism, further validating the integrity and composability of the protocol.
R2 is building a global redeemable yield-bearing stablecoin infrastructure, backed by assets issued by licensed institutions such as Superstate, Ondo, and DigiFT, with the mainnet scheduled to launch in Q3 2025.
