RealFi Launches USDrf and Staked Token on Cardano

RealFi has launched USDrf and its staked counterpart, sUSDrf, on Cardano, giving users different ways to exit the dollar-linked token and exposing them to distinct liquidity conditions.

Approved partners can mint USDrf at a 1:1 value. Its planned backing portfolio includes U.S. Treasuries, money-market funds, investment-grade collateralized loan obligation exchange-traded funds, floating-rate corporate notes and private credit.

Retail holders can exit by trading USDrf on supported decentralized exchanges. Secondary-market liquidity and a price matching the token’s target value are not guaranteed.

Whitelisted institutions may request redemption through a human-approved, first-in, first-out queue. Daily and monthly limits apply, and processing time depends on queue position and reserve composition; there is no guaranteed completion period.

Staking USDrf produces sUSDrf, which is designed to receive returns from the underlying portfolio. The structure links Cardano stablecoin activity with lending and other real-world assets.

Cardano had $65.31 million in DeFi total value locked and $67.54 million in stablecoin market capitalization on Oct. 2, 2026. Those figures describe the network on that date and do not establish its earlier trend.

The planned portfolio and redemption terms do not establish current reserve balances or the capital available for withdrawals. Portfolio performance, liquidity and the ability to process redemption requests are risks to whether the product can meet withdrawals.