- The R2 Testnet attracted over 200,000 customers and reached 10 million offers in beneath three weeks.
- R2USD is supported by real-world property equivalent to authorities bonds and rental earnings, including reliability to the Stablecoin mannequin.
Lower than three weeks after the official testnet was launched, the R2 Stablecoin protocol has already attracted the eye of many individuals. The venture, launched on April 17, 2025, has already attracted over 200,000 contributors and has recorded over 10 million transactions.
In truth, within the early years, over 60,000 distinctive addresses had been taking part, permitting us to regulate over 50% of the transaction volumes of the Ethereum Sepolia community. Think about a brand new venture. But it surely shortly dominates such a crowded take a look at community.
Stablecoin Protocol R2, which incorporates RWA-driven harvests, introduced that its testnet had attracted over 200,000 contributors and processed greater than 10 million transactions inside three weeks. The underlying property of R2 embody US Treasury tokens on-chain, compliant cash market funds…
– WU Blockchain (@wublockchain) Might 10, 2025
The place hype meets real-world assist
Numbers aren’t the one ones that show that. The group can also be rising quickly. The R2 Discord channel is already full of over 58,000 members who actively chat, ask questions and focus on methods.
Behind the hype is the promise of precise income from real-world property equivalent to US authorities bonds, cash market funds, and actual property rental earnings. This isn’t an unfounded defi dream like a number of the tasks of the previous. There’s a clear and traceable foundation.
R2 doubles with precise utility and attain
Moreover, R2 reveals that it isn’t a venture that’s good at advertising. On April 16, 2025, someday earlier than Testnet’s launch, they formally turned Ondo Finance’s liquidity supplier.
After passing KYB verification and asset checks, the R2USD stubcoin can be supported by Ousg. This can be a US authorities bond token. That is undoubtedly one of the crucial particular “actual world property” collateral presently within the Stablecoin house.
Apparently, the R2 additionally introduces a quite distinctive incentive system. There are two varieties of factors. It’s a pulse that may be given to on-chain exercise and product use alerts and social contributions equivalent to posts and group missions. All of those factors can then be transformed to R2 tokens when the mainnet begins up.
For many who often construct R2USD testnets and are energetic locally, this might be a fairly promising begin. For those who had been concerned from the beginning and had been a bit energetic, think about you bought a token when it was launched. It may have been step one in rising your crypto portfolio.
However, I do not need to play R2 on one community. They introduced plans to increase the testnet to a number of further networks over the following two weeks. The aim is evident. It is about increasing entry, attracting extra participation and constructing a very multi-chain protocol basis. As a result of in a single ecosystem, particularly in right this moment’s world the place all the pieces is community, it in the end stagnates.
In the meantime, CNF has beforehand highlighted the metaplatform, which can also be starting to have a look at Stablecoins once more. They reportedly are exploring cross-border cost schemes for digital creators by Stablecoins and are speaking to a number of digital asset firms.
However in fact there may be nonetheless a shadow of regulatory uncertainty that plagues this formidable plan. In contrast to the R2, which seems to have a extra lifelike strategy, there’s a clear circulation primarily based on precise property, and its group is starting to kind from beneath quite than from the tech large’s headquarters.
