I've heard about a digital asset called R coin, but I'm not sure what it is. Can someone explain to me what R coin is, its background, and its uses in simple terms?
6 answers
Valentina
Tue Nov 19 2024
StETH, sourced from Lido Staked Ether, is one of the primary tokens supporting R.
Martina
Tue Nov 19 2024
R stands as the most capital-efficient USD stablecoin available in the market.
PhoenixRising
Tue Nov 19 2024
It is uniquely backed by liquid staking tokens, ensuring its stability and reliability.
Eleonora
Mon Nov 18 2024
Additionally, rETH from Rocket Pool ETH also plays a crucial role in backing R.
TaegeukChampionCourage
Mon Nov 18 2024
The utilization of these liquid staking tokens provides users with an innovative way to manage their digital assets.