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Real USD (USDR v2) is a first-of-its-kind natively rebasing, yield-bearing, overcollateralized stablecoin, pegged to the US dollar.
USDR is primarily collateralized by yield-generating, tokenized real estate.
Backing a stablecoin with Real Estate has 2 key competitive advantages that we believe add significant value to the stablecoin landscape:
1) Yield - The tokenized properties in the Real USD treasury are leased to tenants. This rental yield is paid out daily to holders in the form of a rebase.
In addition to this if Real USD ever falls beneath 100% collateralization ratio, 50% of the daily rebase is instead added to the treasury to recollateralize USDR.
2) Real Estate price appreciation - When priced in FIAT Real Estate has a long predictable history of appreciation. Over the last 50 years, the average sales price of a house in the United States grew from $27,000 in Q1 1970 to $383,000 in Q1 2020.
This appreciation in the backing of USDR allows for interesting design mechanisms that contribute to additonal yield and lindyness of the system.
The live Wrapped USDR price today is $0.424726 USD with a 24-hour trading volume of $11,854.61 USD. We update our WUSDR to USD price in real-time. Wrapped USDR is down 0.13% in the last 24 hours. The current CoinMarketCap ranking is #5010, with a live market cap of not available. The circulating supply is not available and a max. supply of 14,523,093 WUSDR coins.