Ondo Deploys Its US Treasury Token USDY to the Stellar Blockchain
According to CoinDesk, Ondo Finance announced that it has launched its US Treasury token USDY on the Stellar blockchain. The Stellar Foundation aims to achieve $3 billion in on-chain Real World Assets (RWA) by 2025, which is more than a tenfold increase from $290 million at the end of 2024. Stellar is also collaborating with Paxos, Etherfuse, and Societe Generale's SG Forge, among others.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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