STBL announced that it will invest US$50 million in Ondo USDY as the main collateral for its stablecoin USST

Crypto 7x24

2025-10-11 02:16:15

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On October 10, the stablecoin agreement STBL announced that it has reached a strategic cooperation with RWA agreement Ondo Finance. According to the cooperation agreement, STBL will issue USST tokens worth US$50 million with the Ondo dollar revenue token and USDY as the main collateral. USST is circulated in the DeFi domain as collateral without licensing.

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