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Ondo Finance achieves breakthrough in tokenized U.S. debt products, strengthening DeFi liquidity and practicality

Ondo Finance achieves breakthrough in tokenized U.S. debt products, strengthening DeFi liquidity and practicality

Bitget2024/12/30 06:32

According to the official news of Ondo Finance, its tokenized US Treasuries product has achieved important breakthroughs in functions and application scenarios. By tokenizing real-world assets (RWA), users can not only enjoy efficient liquidity, but also use assets for a variety of DeFi application scenarios. The following are the core features and application highlights of the product:

1. Real-time liquidity and settlement
Users can achieve real-time turnover of assets through instant redemption in the primary market or fast transactions in the secondary market. This function greatly reduces the opportunity cost and provides extremely high flexibility for fund management.
2. Rich application scenarios
Payment: Use tokenized US Treasuries as an on-chain payment tool to support instant transactions in a decentralized environment.
Liquidity provision: Participate in liquidity pools to inject liquidity into the market while obtaining stable returns.
Collateral: Use US Treasury tokens as collateral assets to participate in DeFi lending or other financial operations to further release asset value.
3. Security and transparency
Ondo Finance's products ensure the security of user assets in various financial operations through compliance design, while maintaining a completely transparent on-chain transaction process.

Ondo Finance said its market-leading solution aims to bring more available RWA products to DeFi users and help the continued expansion of the decentralized financial ecosystem.

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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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