Ondo deploys its US dollar Treasury token USDY to the Stellar chain
2025-04-18 10:36:20
On April 18th, according to CoinDesk, Ondo Finance announced the launch of its US dollar Treasury token USDY on the Stellar blockchain. The Stellar Foundation aims to achieve a real-world asset (RWA) scale of $3 billion on the chain by 2025, an increase of more than 10 times from $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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