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Musubi A/R Guide: Tokenized Receivables on Base

2 Jun 2026

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We are excited to share that the Musubi A/R User Guide is now available on GitBook.


The guide walks you through the basic steps of using Musubi A/R, from connecting your wallet to purchasing tokenized receivables with USDC and redeeming them after the payment due date.


Musubi A/R User Guide ๐Ÿ‘‰https://docs.mvlchain.io/mvl-blockchain/mvl-blockchain/mvl-rwa-musubi/musubi-a-r-user-guide


Musubi A/R is a mobility-focused RWA product that allows users to purchase, manage, and redeem tokenized receivables generated from real-world mobility businesses on the Base network.


โ—ผ๏ธŽAbout the Receivables

The receivables available through Musubi A/R are monetary claims held by ONiON Mobility, MVLโ€™s Cambodian company operating mobility-related businesses including electric vehicle manufacturing, vehicle rental services, and battery station operations.

These receivables are generated from vehicle rental agreements between ONiON Mobility and drivers who use its rental services. Each receivable is linked to ONiON Mobilityโ€™s electric three-wheeler rental business, with the vehicles mostly used by drivers for local ride-hailing services through our TADA platform.

Key features include:

  • Purchase from 10 USDC

  • Annualized rates of up to 20%

  • Short-term receivables with maturities of less than one month


Once sales begin, details such as the debt amount, payment date, discount rate, annualized rate, and guarantee fee will be available on the relevant token information page on the Musubi A/R website.


โ—ผ๏ธŽLearn More and Get Started

For more details on the product overview and structure of Musubi A/R, please refer to Vol.1 and Vol.2 of this series.


Vol.1๐Ÿ‘‰ย Musubi A/R Vol.1 | Redefining Mobility and Value Through Mobility RWAย ใ€€


Vol.2๐Ÿ‘‰ย Musubi A/R Vol.2 | How Receivables Transfers and Guarantee Mechanisms Support Mobility RWA Tokensย 


Musubi A/R connects real-world mobility businesses with onchain infrastructure, allowing users to access RWAs through a simple purchase and redemption flow.


Please use the GitBook user guide as a quick reference when getting started with Musubi A/R, and experience a new form of onchain RWA on Base.


Trust-Driven

MVL

40 Sin Ming Ln, Singapore 573958

โ“’ MVL Foundation Pte. Ltd. All rights reserved.

40 Sin Ming Ln, Singapore 573958

โ“’ MVL Foundation Pte. Ltd. All rights reserved.