Will STBL USDY Pick Trigger Major ONDO Crypto Price Breakout?

A $50 million mint window just opened for a new dollar-pegged stablecoin, and traders wonder if that’s the push ONDO crypto needs. STBL.com, the platform behind the USST dollar token, said Friday it picked Ondo Finance’s USDY as its main collateral, allowing up to $50 million in new USST issuance. The partnership, announced Oct. 10 across hubs in Dubai, London, and New York, shows STBL’s plan to expand its dollar liquidity using tokenized US Treasuries as backing. DISCOVER: 16+ New and Upcoming Binance L ...