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Real USD v2

Real USD v2

REALUSDV2

Key Stats

Total Supply7.77M REALUSDV2
Max Supply∞
Launch Date2022-10-24
Built OnPOL
Token StandardERC20
Smart Contract Address0xb5DF…cf63
Decimal Places9

Real USD v2 Information

Websites
www.tangible.store
Industries
Stablecoin
Parent Asset
REALUSD

Real USD v2 Price Converter

Real USD v2REALUSDV2
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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
USDRERC20POL0xb5DFABd7fF7F83BAB83995E72A52B97ABb7bcf632022-10-24
REALUSDV1ERC20POL0x9008740cEf60ad6Ac6B89986Fb2200D3Faf12c7A2022-08-22

About Real USD v2

Real USD (USDR) v2 was a stablecoin pegged to the US dollar, backed by a combination of tokenized real estate assets and other digital assets. Despite efforts to provide stability and yield generation, USDR faced significant challenges leading to depegging events. This prompted Tangible to rebrand as re.al and pivot towards developing a layer-2 blockchain platform for real-world assets.

Frequently Asked Questions

Real USD (USDR) v2 is the second iteration of the stablecoin developed by Tangible, designed to maintain a 1:1 peg with the US dollar. This version aimed to enhance stability by backing the stablecoin with a combination of tokenized real estate assets, ERC-20 tokens, and liquidity provider (LP) tokens. USDR v2 was structured to be a yield-bearing, over-collateralized stablecoin, providing holders with intrinsic yield through daily rebases.

Stable Medium of Exchange: USDR v2 aimed to provide a stable medium of exchange within the Tangible ecosystem and beyond.​

  • Yield Generation: Holders could stake USDR v2 to receive rewards generated from the underlying real estate assets.​
  • DeFi Integration: USDR v2 was incorporated into decentralized exchanges, lending platforms, and liquidity pools.​

  • USDR v1: The initial version of USDR was introduced as a stablecoin backed by tokenized real estate. However, it faced challenges related to liquidity and collateral management, leading to a significant depegging event where its value dropped by 50% within hours. ​

  • USDR v2: In response to the issues faced by v1, Tangible introduced USDR v2, incorporating improved collateralization strategies and yield mechanisms to enhance stability. Despite these efforts, USDR continued to face challenges, leading to further depegging incidents. ​

  • Transition to re.al: Following the setbacks with USDR, Tangible rebranded to re.al and shifted focus towards developing a layer-2 blockchain platform for real-world assets, moving away from the stablecoin model.