# rTokens

{% hint style="info" %}
rTokens are interest-bearing tokens represented as 'rXXXX' in your wallet (example: rUSDT for USDT).
{% endhint %}

rTokens are minted and burned upon deposit and withdrawal.&#x20;

The rTokens' value is pegged to the value of the corresponding deposited asset at a 1:1 ratio. All interest collected is distributed to rTokens holders directly by continuously increasing their wallet balance.&#x20;

If you wish to convert rTokens back to the underlying asset, navigate to your deposits on the **Dashboard** and follow the [withdrawal](/radiant/project-info/markets/deposit/deposit-1.md) prompts.

The contract addresses for rTokens can be found [here.](/radiant/contracts-and-security/arbitrum-contracts.md)


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