Enzzo Cusihuaman of R2 Protocol on Making Institutional Yield Accessible Onchain
Fri Jan 23 2026
🎙️ Guest: Enzzo Cusihuaman, Co-Founder & Chief Business Officer of R2 Protocol (@r2yield)
🕒 Duration: ~45 minutes
Episode Overview
The best yields in finance have always been reserved for institutions. Everyone else gets scraps.
In this episode of Token for Your Thoughts, host Lindsey McConaghy sits down with Enzzo Cusihuaman, Co-Founder and CBO of R2 Protocol, to unpack how tokenized treasuries and private credit are changing that reality. R2 is building an on-chain yield layer that gives everyday users access to institutional-grade returns historically locked behind capital requirements, compliance hurdles, and closed doors.
Enzzo shares his path from traditional businesses in Peru to early crypto adoption, Binance, and ultimately co-founding R2. The conversation dives deep into real-world assets, private credit, and why transparency, risk management, and global distribution matter if on-chain yield is going to scale beyond crypto natives.
They break down how R2 aggregates tokenized treasuries and private credit into composable DeFi vaults, how risk is curated and disclosed, and why developing markets in Latin America, Asia, and Africa are core to their strategy, not an afterthought.
They get into:
• Enzzo’s journey from Latin American family businesses to Binance and building R2
• Why institutional yield rarely reaches retail and how tokenization changes that
• Treasury bills vs. private credit: risk, return, and real tradeoffs
• How R2 curates institutional partners like BlackRock-linked issuers, Apollo, and Mercado Bitcoin
• Why private credit unlocks higher on-chain yield than treasuries alone
• Transparency, attestations, and how risk is managed on-chain
• Who R2 is built for: retail users, institutions, and fintechs in emerging markets
• The biggest bottlenecks holding RWA adoption back in Web3
• What it takes to bridge TradFi discipline with DeFi composability
If you care about real yield, tokenized credit, or what it actually takes to bring institutional finance on-chain without breaking DeFi’s ethos, this episode is for you.
Where to Listen
🔹 Apple Podcasts → https://podcasts.apple.com/us/podcast/enzzo-cusihuaman-of-r2-protocol-on-making/id1799063494?i=1000746401683
🔹 Spotify → https://open.spotify.com/episode/1yfsXZvqKvh3vTyaG4XXom?si=P0h6x5KFQbyfIOXbZosbGQ
Connect with R2 & Enzzo
🌐 Website: r2.money
🐦 X: @r2yield | @crypto_enzzo
Stay Connected With Us
Enjoyed the episode? Leave a review and subscribe to Token for Your Thoughts for more conversations with the people at the intersection of Web3, crypto, and finance.
🐦 Follow us on X: @TokenThoughts_ | @lindsey___I
🌐 tokenforyourthoughts.com
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🎙️ Guest: Enzzo Cusihuaman, Co-Founder & Chief Business Officer of R2 Protocol (@r2yield) 🕒 Duration: ~45 minutes Episode Overview The best yields in finance have always been reserved for institutions. Everyone else gets scraps. In this episode of Token for Your Thoughts, host Lindsey McConaghy sits down with Enzzo Cusihuaman, Co-Founder and CBO of R2 Protocol, to unpack how tokenized treasuries and private credit are changing that reality. R2 is building an on-chain yield layer that gives everyday users access to institutional-grade returns historically locked behind capital requirements, compliance hurdles, and closed doors. Enzzo shares his path from traditional businesses in Peru to early crypto adoption, Binance, and ultimately co-founding R2. The conversation dives deep into real-world assets, private credit, and why transparency, risk management, and global distribution matter if on-chain yield is going to scale beyond crypto natives. They break down how R2 aggregates tokenized treasuries and private credit into composable DeFi vaults, how risk is curated and disclosed, and why developing markets in Latin America, Asia, and Africa are core to their strategy, not an afterthought. They get into: • Enzzo’s journey from Latin American family businesses to Binance and building R2 • Why institutional yield rarely reaches retail and how tokenization changes that • Treasury bills vs. private credit: risk, return, and real tradeoffs • How R2 curates institutional partners like BlackRock-linked issuers, Apollo, and Mercado Bitcoin • Why private credit unlocks higher on-chain yield than treasuries alone • Transparency, attestations, and how risk is managed on-chain • Who R2 is built for: retail users, institutions, and fintechs in emerging markets • The biggest bottlenecks holding RWA adoption back in Web3 • What it takes to bridge TradFi discipline with DeFi composability If you care about real yield, tokenized credit, or what it actually takes to bring institutional finance on-chain without breaking DeFi’s ethos, this episode is for you. Where to Listen 🔹 Apple Podcasts → https://podcasts.apple.com/us/podcast/enzzo-cusihuaman-of-r2-protocol-on-making/id1799063494?i=1000746401683 🔹 Spotify → https://open.spotify.com/episode/1yfsXZvqKvh3vTyaG4XXom?si=P0h6x5KFQbyfIOXbZosbGQ Connect with R2 & Enzzo 🌐 Website: r2.money 🐦 X: @r2yield | @crypto_enzzo Stay Connected With Us Enjoyed the episode? Leave a review and subscribe to Token for Your Thoughts for more conversations with the people at the intersection of Web3, crypto, and finance. 🐦 Follow us on X: @TokenThoughts_ | @lindsey___I 🌐 tokenforyourthoughts.com