RWA Stablecoin Protocol R2 Testnet will end on June 15, with 270,000 users participating in the interaction

B.news
12 Jun 2025 09:23:57 AM
RWA stablecoin yield protocol R2 announced that the first round of testnet ended on June 15. The test attracted more than 270,000 users to participate in the interaction, and the daily active number remained above 40,000.
RWA Stablecoin Protocol R2 Testnet will end on June 15, with 270,000 users participating in the interaction

R2, the RWA stablecoin yield protocol, announced that its first round of testnet will officially end at 24:00 on June 15th, Beijing time. This round of testing started in mid-to-late April and lasted for nearly two months, attracting more than 270,000 independent users to participate in the interaction, and the number of daily active users remained above 40,000. The official said that data statistics and verification will be conducted after the test to ensure the accuracy of user interaction records and the fairness of subsequent reward distribution.

According to the official plan of R2, the final version of the testnet is expected to be launched on June 23. This stage will introduce a number of new features, including cross-chain bridging, multi-chain support, yield collection and exit mechanisms, secondary market trading functions, and a ranking system to further enhance the interactivity and asset liquidity of the protocol.

R2 is positioned as a stablecoin yield protocol built around real world assets (RWA), aiming to provide users with on-chain compliant yield channels. The protocol realizes the mapping and distribution of RWA income through a token mechanism, emphasizing transparency, security and compliance.

In terms of ecosystem construction, R2 has become the official liquidity provider (LP) of RWA infrastructure projects such as Ondo Finance, Superstate, and DigiFT, and is actively expanding cooperation with traditional financial institutions such as Securitize, Fasanara, and Franklin Templeton in the issuance and docking of RWA.

As the RWA narrative heats up in the field of crypto assets, stablecoin + yield protocol has become one of the focuses of market attention. R2's continuous iteration in stablecoins, cross-chain bridges, yield models, and secondary market mechanisms is seen as a key support for its future competitiveness.

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