# rTokens

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rTokens are interest-bearing tokens represented as 'rXXXX' in your wallet (example: rUSDT for USDT).
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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](https://docs.radiant.capital/radiant/project-info/markets/deposit/deposit-1) prompts.

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