STBL announced an investment of 50 million USD in Ondo USDY as the primary collateral for its stablecoin USST
Oct 10, 2025 23:21:45
the stablecoin protocol STBL announced a strategic partnership with the RWA protocol Ondo Finance. According to the cooperation agreement, STBL will issue USST tokens worth 50 million USD, using Ondo's dollar yield tokens with USDY as the primary collateral. USST will circulate as uncollateralized collateral in the DeFi space.