
U.S. Dollar Tokenized Currency (Ondo)
web3VerifiedU.S. Dollar Tokenized Currency (Ondo) is a real-world asset project centered around the USDon t...
Stage
Series B
Funding
Undisclosed
Team
0
0.0Mission ScoreFixed 0-100 scale
About
U.S. Dollar Tokenized Currency (Ondo) is a real-world asset project centered around the USDon token. USDon is a stablecoin backed 1:1 by a US dollar in one of Global Markets’ brokerage accounts. USDon is the stablecoin used to instantly buy or redeem Ondo tokenized stocks. When you purchase Ondo tokenized stocks with other stablecoins such as USDC, our platform atomically swaps that stablecoin for USDon and then uses USDon to buy the tokenized stock.
Expert Insight
Verified Series B project.
Expert Coverage
No published expert evaluations are available for this project yet.
Real World Asset (RWA)Real World
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