7 hours ago
STBL Partners with Ondo Finance for $50M Tokenized Stablecoin Reserves
TLDR: STBL enables $50M in stablecoin mints using Ondo’s USDY, backed by short-term U.S. Treasuries and cash. The deal integrates tokenized yield-bearing assets directly into STBL’s reserve structure for stronger backing. STBL’s reserve model separates principal and yield to align with new compliance and payment standards. USDY’s institutional controls and collateral rights enhance the transparency [...]
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