
R25
R25 is an RWA-backed stablecoin protocol on Sui and Polygon that issues rcUSD, backed by tokenized money market funds and stablecoins.

What is R25?
R25 mints rcUSD, a dollar-pegged stablecoin backed by a portfolio of tokenized money market funds and other stablecoins. Users can stake rcUSD to receive rcUSDp, a yield-bearing receipt token that captures both the underlying RWA return and chain-level incentives. R25 is live on Sui and Polygon, audited by SlowMist, and holds around $90M in deposits.
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R25 alternatives
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

