The first round of R2 Testnet has successfully concluded, with a total of 290,000 users participating. The final Testnet will launch on June 23.

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Odaily News RWA stablecoin protocol R2 announced that the first round of the Testnet (Season #0) officially ended on June 15, attracting over 290,000 users and exceeding 13 million on-chain interactions. Users from Vietnam, the United States, and Indonesia are among the most active. R2 stated that the final Testnet will be launched on June 23, introducing core features such as cross-chain bridges (Wormhole), sR2USD auto-compounding staking, R2 Token claim simulation, and a full-chain exit mechanism, further verifying the integrity and composability of the protocol. R2 is building a globally redeemable income-generating stablecoin infrastructure, supported by assets issued by licensed institutions such as Superstate, Ondo, and DigiFT, with the mainnet scheduled to launch in Q3 2025.

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