$ONDO
Ondo Finance recently announced that it will officially launch its USD-denominated bond token USDY on the Stellar blockchain. This deployment aims to further expand the application scenarios and coverage of USDY, leveraging the technical advantages and ecological resources of the Stellar blockchain to enhance USDY's liquidity and market impact.
Meanwhile, the Stellar Foundation has ambitiously set a highly challenging goal: to achieve an on-chain real-world asset (RWA) scale of 3 billion dollars by 2025, compared to 290 million dollars by the end of 2024. This goal signifies an astonishing growth of over 10 times in its on-chain RWA scale. This growth target not only demonstrates the Stellar Foundation's high confidence in the development potential of its blockchain platform but also reflects its strong determination to attract various RWAs onto the chain and promote the deep integration of blockchain technology with real-world assets.