Stablecoin

Ethereum

Ondo

Flux

Polygon

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 <a target="_blank" href="https://tokeninsight.com/en/coins/ondo-finance/overview" rel="noopener noreferrer nofollow">Ondo Finance,</a> which offers tokenized U.S. Treasuries on the Ethereum blockchain, expanded the product to the Polygon network. 
 The company has issued its <a target="_blank" href="https://tokeninsight.com/en/coins/ousg/overview" rel="noopener noreferrer nofollow">OUSG</a> token, a tokenized version of BlackRock’s short-term U.S. government bond exchange-traded fund (ETF), natively on Polygon as part of a “strategic alliance,” according to a press release Thursday. 
 The firm also plans to bring its upcoming yield-generating stablecoin alternative, which is a tokenized money market fund called OMMF, as well as the Ondo-developed decentralized lending marketplace Flux Finance – pending governance approval – to Polygon, Ondo President and Chief Operating Officer Justin Schmidt said in an interview. 
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Onde Finance Expands Tokenized U.S. Treasuries and Yield-generating Stablecoin to Polygon

TokenInsight

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