Real USD v2

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.​

Evolution from v1 to v2 and v3

• 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.