Гаманець для Real USD

What is Real USD (USDR)?

USDR was built by Tangible as a dollar-denominated token backed mainly by tokenised residential real estate held in a protocol treasury, with a DAI buffer for redemptions. It was minted with DAI, and the treasury converted part of that into property.

Two things about it behave unlike an ordinary stablecoin. First, USDR is a rebasing token: the balance itself changes on the holder's address, increasing in place rather than through an incoming transfer. There is nothing to claim and no transaction to sign; the number in the wallet is whatever the contract currently attributes to that address, which is why a rebasing balance can differ from the figure you last wrote down.

Second, and more important for anyone holding it now, USDR did not keep its peg. When the liquid DAI portion of the backing was withdrawn faster than property could be sold, redemptions at one dollar stopped and the token repriced sharply below a dollar. What remains is a claim on a treasury of illiquid assets rather than a dollar instrument, and it should be read that way. Real estate does not settle in blocks.

USDR lives on Polygon as a standard token there, so transactions are paid for in the network's own coin, and the balance sits at an ordinary address.

For a token whose figure is rewritten by the contract rather than by its owner, a wallet only has to report what the chain says. Tangem reads the current balance each time the app opens, and the card itself does nothing between transfers, so a position left untouched for a long stretch needs no upkeep at all. Storage that is indifferent to how often the number moves fits this asset well.

Supported networks in Tangem (1): Polygon POS.