USDR Issuer Tangible Rebrands to re.al, Pivots To Layer-2 Network for Real-World Assets

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USDR Issuer Tangible Rebrands to re.al, Pivots To Layer-2 Network for Real-World Assets

The U.K.-based project saw its stablecoin, USDR, falter in a liquidity crisis last year. Tangible is now setting its sights on two forms of redemption

The U.K.-based project saw its stablecoin, USDR, falter in a liquidity crisis last year. Tangible is now setting its sights on two forms of redemption: first, a literal redemption of assets for holders of the sub-dollar stablecoin, and second, metaphorical redemption of the project itself through a pivot to becoming a platform for other RWAs to build on.

www.coindesk.com

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