Real USD Price(USDR)

Real USD (USDR) is a stablecoin project primarily associated with TangibleDAO. It is designed to be collateralized by tokenized, yield-producing real estate. The project aimed to offer a value accrual system through a daily rebase mechanism, distributing yield derived from rental revenue to its holders. Real USD primarily operates on the Polygon blockchain. A core concept behind Real USD was to combine the stability of a USD-pegged asset with the value preservation and yield generation associated with real estate, countering the debasement of fiat currencies. Real estate assets, including properties in the UK, were tokenized as NFTs and used as backing. Real USD could be minted using DAI and was intended to be redeemable for DAI. In October 2023, Real USD experienced a significant depegging event. This was primarily attributed to a liquidity crisis where liquid DAI reserves were depleted due to a rush of redemptions. The illiquid nature of the real estate assets, some tokenized as ERC-721 which are challenging to fractionalize and trade quickly, made it difficult for the treasury to meet redemption demands. Following this, TangibleDAO indicated plans to discontinue the original Real USD stablecoin project, focusing on a redemption process for users. It is important to note that another distinct project also uses the 'USDR' token symbol. StablR USD (USDR), issued by StablR in the Netherlands, is a fiat-backed stablecoin. This version is pegged 1:1 to the U.S. Dollar and is backed by USD reserves held in regulated European financial institutions. StablR USD is designed to comply with the EU's MiCA regulatory framework and operates as an ERC-20 token on the Ethereum blockchain, focusing on regulatory alignment, transparency, and consumer protection for uses such as cross-border payments and DeFi integration. Learn more

Looking to buy How to buy USDR? The process is simple and hassle-free! You can easily purchase USDR on LBank by following our step-by-step buying guide. We provide detailed instructions and video tutorials showing how to register on LBank and use various convenient payment options.

--

Cryptocurrency prices are subject to high market risk and price volatility. You should invest only in projects and products you are familiar with and understand the associated risks. Carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial advisor before making any investment decisions. This material should not be considered financial advice. Past performance is not a reliable indicator of future performance. The value of your investment may go down or up, and you may not recover your invested amount. You are solely responsible for your investment decisions. LBank is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warnings. Please also note that the data related to the above-mentioned cryptocurrency (such as its current real-time price) is sourced from third parties and is provided “as is” for informational purposes only, without any representation or warranty. Links to third-party websites are not under LBank’s control, and LBank is not responsible for the reliability or accuracy of such websites or their content.