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Ondo deploys its dollar-denominated bond token USDY to the Stellar chain

2025-04-18 18:44:50

ChainCatcher news, Ondo Finance announced the launch of its US Treasury token USDY on the Stellar blockchain. The Stellar Foundation aims to achieve a $3 billion on-chain real-world asset (RWA) scale by 2025, growing more than tenfold from $290 million at the end of 2024. Stellar is also collaborating with Paxos, Etherfuse, and SG Forge under the French central bank.

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