Dapp store Sui Real world asset apps Tokenized bonds RWAs

R25

Tokenized bonds RWAsDecentralized CDPs

R25

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

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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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Usual

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R25 alternatives

Explore web3 competitors and apps like R25.

Securitize

Alchemy CustomerTokenized bonds RWAs

Securitize is an SEC-registered tokenization platform that powers tokenized funds for asset managers like BlackRock, Apollo, KKR, and VanEck.

Ondo Finance

Alchemy CustomerTokenized bonds RWAs

Ondo Finance issues OUSG and USDY, yield-bearing tokens backed by U.S. Treasuries, plus tokenized stocks and ETFs through Ondo Global Markets.

Yuzu Money

Tokenized bonds RWAs

Yuzu Money is a Monad yield platform with T-bill-backed and institutional fixed-income products.

Superstate

Tokenized bonds RWAs

Superstate issues USTB and USCC — tokenized short-duration Treasury and crypto carry funds — plus Opening Bell for tokenized public stocks.

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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.

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