ONDO Finance is transferring supporting assets from its OUSG token to BlackRock's BUIDL tokenized fund. The transfer is made from a less desirable short-term Treasury bond ETF

Le PDG d' Ondo Finance, Nathan Allman a indiqué que la Real-world tokenized asset platform (RWA) Ondo Finance transfers $95 million in assets to the whole BlackRock's new tokenized fund, BUIDL, to enable instant settlements for its own U.S. Treasury-backed token (OUSG). According to the latter, OUSG “will become much more usable” with instant subscriptions and redemptions, 24 hours a day. Nathan Allman believes that “many investors have so far been hesitant to use OUSG because of the time it took to buy back, and given the volatile, 24/7, 365 days a year nature of crypto markets and the often sudden need for capital