RWA Stablecoin Yield Protocol R2 Partners with Plume, Officially Launches on Plume Testnet

According to ChainCatcher, the RWA Stablecoin Yield Protocol R2 has announced the completion of its deployment on the Plume testnet, marking a critical step in its multi-chain strategy. Plume is a high-performance Layer 1 blockchain focused on the RWA track (RWAFi), dedicated to providing infrastructure support for on-chain real assets.

Within five days since its testnet launch, the R2 protocol has attracted over 55,000 global users to interact. Users can claim test tokens via Discord and experience functionalities like minting R2USD, staking R2USD, BTC, and ETH, and earning reward points.

Officials stated that R2 will soon integrate with more test networks, continuously expanding the multi-chain ecosystem and enriching access paths for underlying assets. R2 aims to create the next generation of stablecoin protocols with real yields, redeemability, and transparency, featuring underlying assets such as on-chain US treasuries and compliant MMF strategies as diversified sources of yield. The mainnet is expected to officially launch in the second quarter of 2025.