Ondo Finance Launches USDY on Stellar Blockchain as Part of $3 Billion RWA Growth Strategy

In a significant advancement within the cryptocurrency space, Ondo Finance revealed the listing of its US Dollar Bond Token (USDY) on the Stellar blockchain as of April 18. This strategic move comes at a pivotal moment, with the Stellar Development Foundation setting ambitious aims to scale its Real World Asset (RWA) operations to approximately $3 billion by 2025, representing a remarkable growth trajectory of more than tenfold compared to the end of 2024. The partnership between Stellar and notable entities such as Paxos, Etherfuse, and SG Forge underlines the robustness of Stellar’s initiative and its commitment to enhancing blockchain infrastructure in the financial sector. This collaboration is indicative of the increasing integration of traditional finance with blockchain technology, fostering greater liquidity and investment opportunities.