Will STBL USDY Pick Trigger Major ONDO Crypto Price Breakout?

Core Insights - A new mint window of $50 million has opened for the USST dollar-pegged stablecoin, with Ondo Finance's USDY selected as the main collateral, indicating a strategic move to enhance dollar liquidity through tokenized US Treasuries [1][3] - The partnership aims to strengthen the stablecoin design by separating daily liquidity from yield streams, which helps maintain the peg while allowing issuers to retain yield [2][3] Group 1 - STBL has chosen USDY, a yield-bearing token backed by short-term US Treasuries and bank deposits, to support the issuance of new USST [2][3] - The integration of USDY into STBL's minting process is expected to increase demand for USDY and enhance its role as collateral for real-world assets [4] - The design of USST emphasizes overcollateralization and on-chain governance, which could lead to a more stable and scalable stablecoin ecosystem [5] Group 2 - STBL's CEO highlighted the need for stablecoin designs to evolve with the trend towards tokenized reserves, suggesting a shift in the industry [4] - The success of the USDY integration will depend on mint volumes, DeFi listings, and new partnerships that expand USDY's utility [5] - USDY is supported by treasuries and bank deposits, aiming to demonstrate that institutional-grade collateral can scale stablecoin supply without liquidity loss [6]