A $407 million Treasury fund reveals how Wall Street is building crypto’s missing collateral layer
A $407 million Treasury fund reveals how Wall Street is building crypto’s missing collateral layer
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Ondo's OUSG held about $407 million as of July 10 — including roughly $222 million on XRPL — yielding 3.45% via holdings such as BlackRock's BUIDL and Franklin's BENJI, turning Treasuries into cross-chain crypto collateral.
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