Ondo Finance (@OndoFinance): 2/ The Genesis: OUSG
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Impact unavailable
2/ The Genesis: OUSG Two years ago, we launched OUSG—an institutional-grade tokenized US Treasuries offering for institutional investors worldwide, transforming the way capital allocators managed their cash onchain. We invested OUSG’s assets in a Treasuries ETF managed by @BlackRock. We partnered with best-in-class service providers and provided daily transparency reporting into the full holdings and financials of the underlying fund, validated by a third-party fund administrator. OUSG became the first yieldcoin to be eligible for onchain repo transactions via Flux Finance—where any OUSG tokenholder can pledge their tokens as collateral to borrow stablecoins. We then innovated again by introducing instant minting and redeeming of OUSG tokens—24 hours a day, 7 days a week, 365 days a year. With the recent launch of Ondo Nexus, OUSG has become the go-to instant liquidity layer for onchain asset managers looking to extend OUSG’s unparalleled liquidity depth to their own products. As of today, OUSG is the most diversified tokenized US Treasuries exposure in the market, recently adding products by @FTDA_US, @Wellington_Mgmt, @WisdomTreeFunds, and Fundbridge Capital to its reserve assets.