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Ondo Finance will support instant exchange between PYUSD and OUSG

Ondo Finance will support instant exchange between PYUSD and OUSG

Bitget2024/11/18 11:31

On November 18, Ondo Finance announced that it will soon launch an instant exchange feature between PayPal USD (PYUSD) and Ondo Short-Term US Treasury Bonds (OUSG). This collaboration will enable investors to seamlessly mint OUSG through PYUSD and realize the all-weather instant redemption from OUSG to PYUSD.

This arrangement further enhances the redemption liquidity of OUSG while expanding the application scope of PYUSD as a source of liquidity for Real World Assets (RWA).

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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