This Thursday December 18th, RAAC is officially launching its gold-backed stablecoin $pmUSD!

The launch is via a bond sale on Apebond, where $1M pmUSD will be available with a reward going from 2 to 5%!

This means: for every $1 USDT / USDC you deposit, you receive up to $1.05 pmUSD after the locking period. On top of that, this sale also marks the start of the RAAC points program, and participating in this sale will grant the biggest point multiplier of the program!

Finally, this sale is private for the RAAC Bots holder, the Llamas and the ApeBond premium users!

Follow RAAC on X for additional details!

RAAC, a decentralized real‑world asset (RWA) lending protocol, is launching its gold‑backed stablecoin pmUSD (Precious Metal USD) via an incentivized bond sale on ApeBond. The campaign offers pmUSD at a discount (2–5% bonus) to early participants who deposit USDC, USDT, or ETH, and it doubles as the kickoff for RAAC’s new points program, where this initial sale carries the highest points multiplier for contributors. Access to the earliest phase has been promoted as a private opportunity for specific existing communities, including RAAC Bots holders, Llamas, and ApeBond premium users, before the bond later opens to the public. pmUSD is designed as a real‑world‑asset‑backed stablecoin pegged to the US dollar and collateralized by gold‑reserve‑backed securities provided through RAAC’s partnership with I‑ON Digital Corp, which issues the gold‑backed digital asset ION.au. The stablecoin is minted within RAAC’s RWf(x) (f(x)‑fork) architecture against TokenBlender/ION.au collateral, with on‑chain proof‑of‑reserves and peg defense mechanisms that include a peg stability module using sUSDS. Strategically, this launch is framed as a key step in RAAC’s roadmap to bootstrap deep, protocol‑owned liquidity and to expand its RWA ecosystem, which already includes a $200 million tokenized gold issuance via I‑ON Digital and aims to position RAAC among the larger RWA players in DeFi. This offering matters because it combines several current themes in DeFi: gold‑backed tokenization, dollar‑pegged stablecoins backed by real‑world assets, and points‑based incentive programs that reward early liquidity provision. By routing the launch through ApeBond and capping allocations per address, RAAC is attempting to distribute pmUSD supply while incentivizing long‑term alignment via bond lockups and points multipliers. The structure also highlights the growing interdependencies in the RWA and stablecoin stack—pmUSD’s stability depends not only on the underlying gold‑linked securities from I‑ON Digital but also on external components like Sky Protocol’s sUSDS‑based peg stability module, as noted in third‑party risk assessments.

✨ AI-generated background, compiled from web sources — not editorial content.

More coverage

• pmUSD - Gold-Backed Stablecoin with On-Chain Proof of Reserves (pmusd.raac.io)
• RAAC Launches The First Offering For a Gold-Backed Stablecoin. (x.com)
• RAAC-pmUSD - Dune (dune.com)
• RAAC Partners I-ON Digital for $200M Tokenized Gold Launch as ... (mexc.co)
• pmUSD (pmUSD) Stablecoin Risk Profile - Pharos Watch (pharos.watch)

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