Ant Financial's RWA protocol launches yield-bearing stablecoin on Polygon

R25, the real-world asset (RWA) protocol from Alibaba's fintech affiliate Ant Financial, has launched a yield-bearing stablecoin, rcUSD+, on Polygon (POL), The Block reported. The stablecoin is designed to maintain its $1 peg using yield generated from money market funds and structured notes. It is set to be supplied throughout the Polygon DeFi ecosystem.