R25, backed by Ant Financial, launched a profitable stablecoin protocol linked to RWA on Polygon.

R25, the stablecoin platform and real asset (RWA) nurtured by Ant Financial, has officially launched its onchain platform, partnering with Polygon as the first blockchain, introducing a new profitable stablecoin line backed by traditional financial instruments.

The first product, rcUSD+, is designed to be pegged 1:1 with USD while earning interest from a portfolio of money market and structured securities. This token will be available in the DeFi ecosystem of Polygon, joining the growing group of stablecoins backed by real assets.

Sandeep Nailwal, co-founder of Polygon, stated that the goal is to bring “institutional quality assets” onto the blockchain, while the risk governance structure of R25 “will provide significant value to users and the protocols built on it.”

R25 emphasizes the platform assets protected by multiple layers of enhanced credit, aimed at increasing the credibility of the stablecoin. The company expects rcUSD+ to be integrated with lending, collateral, and liquidity protocols on Polygon, enhancing capital efficiency in DeFi applications.

The launch takes place against the backdrop of growing interest in tokenized real assets from organizations. Standard Chartered Bank forecasts that this market could reach 2 trillion USD by 2028, up significantly from around 35 billion USD today, with most expected on Ethereum, but Layer 2s like Polygon are also striving to capture market share.

RedStone analysts believe that yield-generating stablecoins and RWAs are helping to narrow the yield gap between crypto and traditional finance, as currently only 8%–11% of crypto assets generate yield, compared to 55%–65% in traditional finance, but this gap is rapidly closing thanks to tokenized treasury bonds and RWAs.