Glossary Term Definition
A tokenized, yield-bearing note issued by Ondo Finance, pegged to the USD and backed by short-term U.S. Treasury bills and bank deposits. Yield accrues daily to holders, positioning it as a regulated alternative to non-yield-bearing stablecoins for accredited and non-U.S. investors. Deployed on Ethereum, Solana, Mantle, and other chains.
Glossary Term
A tokenized, yield-bearing note issued by Ondo Finance, pegged to the USD and backed by short-term U.S. Treasury bills and bank deposits. Yield accrues daily to holders, positioning it as a regulated alternative to non-yield-bearing stablecoins for accredited and non-U.S. investors. Deployed on Ethereum, Solana, Mantle, and other chains.