R is recorded in this registry as a U.S. dollar (USD) referenced stablecoin associated with the brand Raft, but no issuer published disclosure could be verified for it, because the only permitted source domain serves no Raft documentation as of June 23, 2026.

The asset registry metadata, which is issuer provided product copy rather than verifiable sourced disclosure, describes each token as redeemable for one USD and backed by reserves and collateral mechanisms. No reserve composition, reserve custodian, attestation provider, attestation cadence, fee schedule, or yield mechanism could be verified from the permitted issuer domain, so none of these economic terms can be stated as confirmed facts for this entry.

No issuing legal entity, jurisdiction of formation, applicable regulator, license regime, legal form of the tokenholder claim, eligibility or offering restriction, redemption right, minimum, holder class, security interest, or custodial protection could be verified for R from the permitted issuer domain. The pages required to confirm these structural terms return HTTP 404 responses or fail their transport layer security handshakes, and several present certificates issued for common names unrelated to Raft, so the legal structure of any holder claim cannot be established or attested within this entry.

No token standard, named blockchain network, mint mechanism, burn mechanism, settlement timing, or net asset value or oracle publication mechanism could be verified for R from the permitted issuer domain, because that domain serves no live Raft technical documentation and presents no fetchable page describing onchain implementation as of June 23, 2026.

<Sources
  retrievedAt="2026-06-23"
  items={[

  ]}
/>


Stablecoins

Borrowers deposit funds into Raft and receive R stablecoin.

Raft is a non-custodial stablecoin protocol built on Ethereum. Raft was founded by David Garai and Dorde Mijovic and launched in 2023.

The governance structure of the Raft protocol will consist of a 3/5 multisig controlled by a combination of Raft and outside members.

github

twitter

discord

website

Stablecoin issuers

Raft

R Stablecoin (R) is a U.S. dollar stablecoin issued by Raft.

Retail investors, professional investors, accredited investors, qualified investors, qualified purchasers, and institutions can mint and redeem directly with Raft in stETH and wstETH.

R has been issued on Ethereum as an ERC-20 token since May 2023.

R StablecoinR

All metrics