Ondo Finance Buys $25M YLDS to Boost OUSG Yield
Ondo Finance has acquired $25 million of YLDS stablecoin from Figure to diversify and boost the collateral backing its OUSG (Ondo Short-Term U.S. Government Treasuries) token. OUSG now holds over $780 million in total value locked, offers 24/7 redemptions, and targets a 3.68% annual yield. The YLDS purchase adds on-chain real-world assets to existing tokenized U.S. Treasuries from BlackRock and Fidelity. In October, Ondo Finance expanded more than 100 tokenized stocks and ETFs onto BNB Chain. On November 18, the firm received regulatory approval from the Liechtenstein Financial Market Authority to serve investors across the EU and EEA. Meanwhile, the ONDO token has experienced selling pressure and capital outflows this month. This development highlights rising demand for tokenized real-world asset yields and may impact market liquidity and trader strategies.
Bearish
Although Ondo Finance’s $25 million YLDS purchase and EU regulatory approval strengthen the fundamentals of its OUSG yield product, the ONDO token has faced capital outflows and broken technical support in November. Short-term traders may remain cautious due to existing bearish momentum. Over the long term, expanded tokenized assets and a broader EU footprint could stabilize liquidity and support price recovery, but immediate market sentiment leans bearish.