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December 17. 2025:
RAAC, a decentralized Real World Assets (RWA) lending and borrowing protocol, has begun the rollout of its pmUSD stablecoin, described as gold-backed and partially collateralized by tokenized precious metals.
The initial phase involves a $1 million bond sale conducted on ApeBond, a multi-chain bonding platform. This sale offers participants rewards and points multipliers to incentivize early adoption.
The move aligns with RAAC's broader strategy to integrate tokenized gold into DeFi ecosystems, following its October 2025 partnership with I-ON Digital Corp (OTCQB: IONI).
That collaboration deployed an initial $200 million tranche of I-ON's gold-backed digital asset, ION.au, into RAAC's platform, positioning pmUSD for use in lending markets, auto-compounding vaults, and index pools.
ApeBond facilitates the bond sale through its reserve bond mechanism, where projects raise capital by selling vesting NFTs in exchange for stablecoins or blue-chip assets. Participants in the pmUSD-related bond gain discounted access to tokens, with added rewards and multipliers tied to RAAC's ecosystem points system.
Key Takeaways
- RAAC launches pmUSD rollout via $1M bond sale on ApeBond.
- pmUSD partially backed by tokenized gold from $200M I-ON partnership.
- Bond offers vesting discounts, rewards, and points multipliers.
- Enhances RAAC's gold-backed lending and vault products.
- Strengthens RWA DeFi integration with tangible asset collateral.
Background on RAAC and pmUSD
RAAC operates as an RWA-focused protocol emphasizing on-chain lending against real-world collateral. Its ecosystem includes governance via the RWA Federation and attestation through Chainlink proof-of-reserves and Instruxi audits.
pmUSD is positioned as a stablecoin partially backed by tokenized gold (via ION.au) and potentially other precious metals or real estate assets.
Unlike fiat-pegged stablecoins, it aims to provide exposure to tangible assets while maintaining peg stability for DeFi applications. The stablecoin enables gold-backed borrowing, yield generation, and participation in decentralized strategies.
The October 2025 I-ON partnership marked RAAC's entry into the top 15 RWA protocols by total value locked (TVL), driven by the $200 million gold tokenization.
I-ON committed up to $1 million in direct investment as a founding RWA Federation partner.
Details of the ApeBond Sale
ApeBond, a leading DeFi bonding protocol, supports sustainable fundraising across chains including Base, Solana, and others.
Its bonds use ERC-5725 transferable vesting NFTs, allowing projects to diversify treasuries while users acquire tokens at discounts.
The $1 million pmUSD bond sale serves as the rollout vehicle, providing liquidity for initial minting and distribution. Buyers receive vesting tokens with rewards, including ecosystem points multipliers that boost yields in RAAC vaults or lending positions.
This structure supports protocol-owned liquidity growth and aligns incentives for long-term holders. Similar bonds have been used by projects to raise funds transparently via smart contracts.
Implications for RWA and DeFi Markets
The pmUSD rollout contributes to the growing RWA sector, which reached $32 billion TVL in late 2025.
Gold-backed stablecoins offer diversification from fiat-backed options, hedging against inflation while enabling DeFi yield.
RAAC's approach competes with established players like BlackRock and Tether in tokenized assets.
By using ApeBond, RAAC accesses retail and institutional liquidity without traditional launchpads.
Conclusion
RAAC's pmUSD bond sale on ApeBond accelerates gold-backed stablecoin adoption in DeFi, providing structured liquidity and incentives for early users while expanding RWA yield opportunities.
Read Next:
- Best Stablecoins for Cross-Border Payments in 2025
- The Role of Stablecoins in Monetary Policy Transmission
- The Neobank Transition Report
FAQs:
1. What is pmUSD?
pmUSD is RAAC's stablecoin, partially collateralized by tokenized gold (ION.au) and other RWAs, designed for DeFi lending and yield.
2. How does the ApeBond sale work?
Users purchase vesting bonds with stablecoins; tokens unlock over time, with added rewards and points multipliers.
3. Is pmUSD fully gold-backed?
It is partially collateralized by tokenized gold and precious metals/real estate; full details via Chainlink proofs.
4. What rewards are available?
Bond participants earn ecosystem points multipliers and potential yields in RAAC vaults.
5. Where to participate?
Via ApeBond platform during the active $1M sale period.
Disclaimer:
This content is provided for informational and educational purposes only and does not constitute financial, investment, legal, or tax advice; no material herein should be interpreted as a recommendation, endorsement, or solicitation to buy or sell any financial instrument, and readers should conduct their own independent research or consult a qualified professional.
