Onda Finance set to conquer the U.S Treasury Bond Market with Mastercard.
Ondo Finance, a leading protocol in the Real World Assets (RWA) sector, has surpassed $2.5 billion in total value locked (TVL) as its projects continue to move quickly.
Even though the token’s price has moderated amid ongoing market correction, the project is getting ready to launch Ondo Global Markets, which has the potential to transform conventional financial assets.
As a result, Mastercard is expanding its projects about this new and innovative digital economy, including its Multi-Token Network (MTN), which was introduced last June.
The expansion of its projects about this new and innovative digital economy, including its Multi-Token Network (MTN), which was introduced last June.
The evolving financial asset class offers safe, quick, and round-the-clock transactions. Mastercard also announced a collaboration between its MTN network and the cryptocurrency project Ondo Finance (ONDO). This is to provide a tokenized, digital version of its US Government Treasuries Fund (OUSG) for short-term investments.
The Real World Assets (RWA) sector stands out from the daily turbulence of the cryptocurrency market by exhibiting consistent growth, despite the market’s unpredictable direction. This development appears more natural than other cryptocurrency subsectors, which might be likened to speculative bubbles.
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