Quick Breakdown First-of-its-kind: USDY is the first yield-bearing stablecoin launched on Stellar. Backed by Treasuries: Returns come from U.S. Treasuries and bank deposits. Instant access: Already integrated into Stellar apps like LOBSTR and Soroswap. Ondo Finance has launched its United States Dollar Yield (USDY) stablecoin on the Stellar network, introducing ...
Alchemy Pay has partnered with Ondo Finance to expand global access to USDY, a tokenized, yield-generating digital asset backed by U.S. Treasuries. Through this integration, users in 173 countries can now purchase USDY on the Solana blockchain using their local fiat currencies, thanks to Alchemy Pay’s fiat on-ramp infrastructure. We've ...
Bitget Wallet is set to integrate Ondo Finance’s suite of tokenized stocks, ETFs, and real-world assets (RWAs) when they go live this summer, bringing tokenized securities to its global user base of over 80 million. According to the announcement, the move will enable Bitget Wallet users to directly self-custody and ...
Ondo Finance and Pantera Capital have jointly committed $250 million to advance the tokenization of real-world assets (RWAs), marking a significant step toward integrating traditional finance with blockchain technology. This initiative, called Ondo Catalyst, aims to invest in both equity stakes and token projects that enhance on-chain capital markets and ...
Ondo Finance has launched its tokenized U.S. Treasuries product, Ondo Short-Term U.S. Government Treasuries (OUSG), on the XRP Ledger (XRPL), marking a major step forward for institutional finance on blockchain. The move enables qualified investors to mint and redeem OUSG directly using Ripple’s enterprise-grade stablecoin, RLUSD. By integrating with XRPL, ...
In the wake of the Mantra $OM token controversy, Quinn Thompson, founder and Chief Investment Officer of Lekker Capital, has renewed public criticism of Ondo Finance (ONDO), raising fresh concerns about the project's legitimacy and financial practices. Taking to X on Sunday, Thompson issued a stern warning to the crypto ...
