STBL Partnered with Ondo Finance to Deploy $50M Stablecoin Minting
Key Takeaways Ondo Finance will deploy USDY, a lucrative token of short-term American Treasuries and bank deposits, to print 50M in USST stablecoins. Under the next-generation reserve architecture as introduced by STBL, USDY becomes the main collateral, and asset tokenization of institutional-quality assets is deposited to DeFi infrastructure. A method to split the principal and …
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