USDR is the first fully collateralized stablecoin backed by yield-generating, tokenized real estate assets.
USDR is a low-cap, fully collateralized asset. This asset depends on a centralized entity for custody services. This asset is exposed to the underlying risks of Tangible, a protocol rated as Watch out.
USDR is a stablecoin that trades within 50bps of its peg to USD, which makes it a less volatile store of value.
USDR has an uncapped supply but has inflation control or burn mechanisms in place. USDR is exposed to death spiral risk as its price depends on another asset, thus creating negative feedback loops.