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.