STBL.com, the stablecoin protocol, announced a strategic collaboration with the real-world asset (RWA) tokenization platform, Ondo Finance, on Oct. 10. As per the agreement, the protocol will be able to mint up to $50 million in USST backed by Ondo's USDY. Before we venture further, it's important that we first understand what tokenization and stablecoin are. Related: What is tokenization? Explained Tokenization is the process of using blockchain technology to convert assets like cash or treasuries into ...

Ripple’s latest partnership with Ondo Finance has brought tokenized U.S. Treasuries onto the XRP Ledger, and the community has responded with a surge in online activity. Data from LunarCrush shows that mentions of XRP climbed to 71.71K in the most recent period, an increase of roughly 26.3K compared with the prior one. The Galaxy Score rose by 9 points to 68, suggesting stronger engagement from active accounts. The AltRank improved to 455, a sign that XRP moved up relative to other assets when both price ...

Ondo Global Markets Crosses 300 Million Driving Accumulation Signs. Photo by BeInCrypto Ondo Global Markets has onboarded over $300 million worth of stocks and ETFs onto the blockchain just one month after launch. While the overall crypto market in September has looked gloomy, ONDO has shown strong accumulation signals, raising hopes of reclaiming its all-time high. The First Milestone for Ondo Global Markets Ondo (ONDO) has long been a prominent name in bond tokenization, with products such as OUSG and ...

Group 1 - China Asset Management Company (ChinaAMC) has launched a tokenized money market fund on Ethereum, named ChinaAMC USD Digital Money Market Fund Class I USD (CUMIU), with over $400 billion in assets under management [1] - The fund aims to deliver stable returns in Hong Kong dollars and has already deployed approximately $502 million, making it the 11th-largest tokenized product by total value [2][3] - The fund utilizes the Libeara tokenization platform, with each token having a net asset value of $100 and a low management fee of 0.05%, appealing to institutions seeking blockchain-based fixed-income exposure [2] Group 2 - The distribution of CUMIU tokens is currently limited to two entities, reflecting a cautious rollout strategy that allows ChinaAMC to test blockchain functionality and compliance [3] - Chinese regulators are exercising caution regarding real-world asset (RWA) tokenization, recently instructing local brokerages to halt RWA initiatives in Hong Kong due to concerns about digital asset adoption and risk controls [4][5] - Despite regulatory challenges, the launch of CUMIU indicates a growing momentum for tokenization, with over $30 billion worth of RWAs on-chain, which has increased by 7% in the past month, and the number of RWA holders rising by 9% to over 406,000 [6]

New Stablecoin Launch - Tether's co-founder is launching STBL, aiming to define the next era of stablecoins [1] - STBL is already live on Binance Alpha [2] Key Features of STBL - Liquidity + Yield: Deposit assets (USDY, OUSG, BUIDL), mint USST to spend, while holding YLD NFT to keep your yield [1] - Points Program: Early users can stack big STBL rewards through the live Points Program [1] - Dual token model: USST for liquidity + YLD for yield, designed to let your stablecoin work harder [1] Partnership Disclosure - The company has a partnership with STBL, urging users to DYOR (Do Your Own Research) [2]

Partnerships & Investments - Fidelity 在 Ethereum 上推出 FDIT，Ondo Finance 的 OUSG 是最大的投资者 [1] Cryptocurrency & Finance - Fidelity 与 Ondo Finance 合作 [1]

RT BSCN (@BSCNews)🔗 FIDELITY MEETS ONDO FINANCE@Fidelity launches FDIT on Ethereum with @OndoFinance OUSG as largest investor. Here are the details ⬇️https://t.co/pMIfC3CsSx ...

New Product Launch - Fidelity 在 Ethereum 上推出 FDIT 产品 [1] Investment & Partnership - Ondo Finance 的 OUSG 是 Fidelity FDIT 产品的最大投资者 [1] Company Collaboration - Fidelity 与 Ondo Finance 合作 [1]

Group 1 - Fidelity Investments has launched its tokenized money market fund on the Ethereum blockchain, marking its entry into the tokenized asset market [1] - The Fidelity Digital Interest Tokens (FDIT) amounting to $202 million were minted in early September, representing the Fidelity Treasury Digital Fund [2] - The key investor in this offering is Ondo Finance, which holds $202 million in FBIT as a reserve asset for its yield-generating token [3] Group 2 - The tokenization of government debt is part of a broader initiative to bring real-world assets onto blockchain, aimed at reducing settlement times and increasing market transparency [4] - The market for tokenized U.S. Treasuries has grown rapidly, exceeding $7.5 billion, with BlackRock and Securitize leading the market [5]

SCOOP:Fidelity has launched a new onchain product with their own tokenized fund, challenging BlackRock’s BUIDL.They already have $200M onchain in ticker $FDIT which holds $OUSG.They quietly just launched. https://t.co/x8DJMM90bF ...