Ondo deploys its U.S. dollar bond token USDY to Stellar chain

Crypto 7x24

2025-04-18 20:20:52

1.26W

On April 18, according to CoinDesk, Ondo Finance announced that it will launch its U.S. dollar treasury bond token USDY on the Stellar blockchain. The Stellar Foundation aims to achieve a chain real-world asset (RWA) scale of US$3 billion in 2025, a more than 10-fold increase from US$290 million at the end of 2024. Stellar also cooperates with Paxos, Etherfuse and SG Forge, a subsidiary of Bank of France.

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