Ouyi will launch Ondo (ONDO)
According to the official announcement of Ouyi, Ouyi is about to launch Ondo (ONDO). The specific schedule is as follows:
- ONDO open deposit time: July 29th at 3:00 pm (UTC + 8)
- ONDO/USDT coin trading opening time: July 29th at 4:00 pm (UTC + 8)
- ONDO Open Withdrawal Time: July 30th at 6:00 PM (UTC + 8)
Ondo Finance specializes in the RWA (Real World Asset) tokenization space and aims to improve the liquidity and efficiency of financial marekts. Its products include the OUSG Fund and USDY. The OUSG Fund is a tokenized version of the BlackRock iShares Short Treasury Bond ETF that provides liquidity exposure to short-term US Treasury bills. USDY is an interest-bearing stablecoin backed by short-term US Treasury bills and bank deposits, designed to provide its holders with a yield.