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Ondo Finance (@OndoFinance): A clear signal from the NY Fed.

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A clear signal from the NY Fed. “Any monetary instrument issued on such blockchains can achieve borderless, global reach.” In a new analysis, the Federal Reserve Bank of New York highlights the structural advantages that open blockchain rails introduce to today’s financial system: → Blockchains already process trillions → Permissionless rails enable global access → Composability unlocks new financial workflows At Ondo, we are proud to see the NY Fed highlight the capabilities of open rails and their role in expanding access to U.S. markets, a principle we have championed since day one.

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