Ondo Finance strategically backs Figure’s yield-bearing stablecoin to bolster its Onchain US Treasuries Fund (OUSG). Ondo Finance has invested $25 million in YLDS, the yield-bearing stablecoin issued by Figure Certificate Company (FCC), to support its Ondo Short-Term US Treasuries Fund (OUSG). The investment aims to diversify the fund’s yield sources and strengthen its portfolio, which […]
Source: https://news.bitcoin.com/ondo-invests-25-million-in-figures-ylds-to-enhance-tokenized-treasury-fund/