Odaily Planet Daily News According to official news, BrickBank announced that it has officially changed its name to R2 Protocol. R2 aims to create a new generation of stablecoin income protocol, integrating RWA (real world assets), TradFi (traditional finance) and DeFi (decentralized finance), to achieve efficient linkage and comprehensive empowerment of on-chain and off-chain funds.
The core product of the R2 protocol is its upcoming income-generating stablecoin R2USD. This stablecoin will serve as the value center within the system, combining stability and profitability, and will work in-depth with compliant traditional financial institutions, committed to providing users with a new on-chain asset income experience of "stability + value-added".
According to official sources, R2 will officially launch the test network in early April, when users can deeply experience the core functions of the protocol and have the opportunity to receive early participation rewards.