Ondo Deploys Its US Treasury Token USDY to the Stellar Blockchain
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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.
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