R25, a stablecoin and real-world asset protocol incubated by Alibaba’s Ant Financial, has officially launched on-chain with Polygon as its first network partner.
Summary
- R25 launches rcUSD+ on Polygon.
- The stablecoin pays yield from real-world assets.
- Ant Financial tech powers asset verification.
The debut introduces rcUSD+, a stablecoin that will generate yield directly from a portfolio of conservative, institutional-grade assets like money market funds and structured notes.
The launch, announced on Nov. 14, marks another attempt to bring traditional financial returns into open, composable decentralized finance systems.
Bridging real-world yield with on-chain liquidity
Most stablecoins aim to simply to hold their peg. rcUSD+ is built to do a bit more.
It earns yield from a mix of low-risk assets such as money market funds and short-term notes. Large institutions use these same kinds of assets to generate modest returns and safeguard capital.
The rcUSD+ portfolio has multiple levels of risk control and is professionally managed. The yield that the assets generate goes straight to token holders, without relying on inflationary rewards or risky farming.
Polygon (POL) was chosen as the first network because it offers low fees and already handles billions in stablecoin activity every month. Its growing role in real-world asset projects made it a natural fit.
According to Polygon co-founder Sandeep Nailwal, the partnership introduces “institutional-quality real-world assets” to the ecosystem, offering a new base layer for developers building payment rails, lending markets, and collateral systems.
Why this launch matters for the RWA sector
Interest in tokenized real-world assets has been rising fast. Many analysts expect RWAs to become a major part of global finance by the end of the decade. rcUSD+ enters the market at a time when institutions are looking for simple, safe, and transparent ways to move yield-bearing products on-chain.
Ant Financial has been growing its presence in this area. The company has worked on gold tokenization, new blockchain infrastructure, and tools for verifying the assets behind tokens. R25 uses these systems to provide clearer reporting and better oversight.
In the RWA space, Polygon is also seeing a lot of traction. Recent projects include a sovereign-backed stablecoin in India and a regulated money market fund by AlloyX. rcUSD+ adds another building block for both retail users and developers.
