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TechFlow, April 18 — According to CoinDesk, Ondo Finance announced the launch of its U.S. Treasury-backed token USDY on the Stellar blockchain. The Stellar Foundation aims to achieve $3 billion in on-chain real-world assets (RWA) by 2025, more than tenfold growth from $290 million at the end of 2024. Stellar is also collaborating with Paxos, Etherfuse, and SG Forge, a subsidiary of Société Générale.
According to CoinDesk, Ondo Finance announced the launch of its U.S. Treasury yield-bearing token USDY on the Stellar blockchain. The Stellar Foundation aims to achieve $3 billion in on-chain real-world assets (RWA) by 2025, more than tenfold growth from $290 million at the end of 2024. Stellar is also collaborating with Paxos, Etherfuse, and SG Forge, a subsidiary of Societe Generale.
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