1H
-0.83%$0.0089
24H
11.8%$0.1120
7D
18.3%$0.1640
30D
41.9%$0.3134
Ondo Finance’s Ondo Short-Term US Government Treasuries (OUSG) is now live on the XRP Ledger (XRPL) with reserve backing in BUIDL.
ONDO token is nearing a decisive breakout from a descending triangle pattern, with a potential 47% price swing in either direction.
Under the partnership, WLFI will integrate Ondo’s tokenized assets, including Short-Term US Treasuries (OUSG) and US Dollar Yield (USDY), into its treasury reserves.
ONDO price has seen a 3.5% uptick after the announcement of Ondo Global Markets, with technical levels suggesting potential for further gains.
The TVL for RWA tokenization hasn’t begun its climb just recently. It all started last November, amid a wider crypto market surge.
ONDO is a DeFi primitive that enables users to originate risk-isolated, fixed yield loans backed by yield-generating crypto-assets. It’s unique because it’s a permissionless protocol that allows users to interact on a peer-to-pool basis with no intermediaries.
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