R2 stablecoin income protocol is connected to Wormhole cross-chain bridge and supports BSC testnet cross-chain interaction

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According to ChainCatcher, the RWA stablecoin protocol R2 has officially integrated with the Wormhole cross-chain bridge, currently supporting cross-chain interactions on BSC and ETH Sepolia testnet. It is expected to launch support for more L1/L2 multi-chain interactions next week.

R2's final testnet has been online for two weeks, with over 180,000 participating users. The test focuses on core functions such as sR2USD automatic compound staking, R2 Token yield simulation claiming, and exit mechanisms. The test cycle is approximately two months, aiming to collect real feedback and optimization suggestions for the mainnet launch.

R2 is building a sustainable yield stablecoin protocol that allows users to deposit USDC or USDT, with the platform allocating funds to multiple global RWA strategies and charging management and performance fees to help users obtain institutional-level real-world asset yields.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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