Ondo Finance Plans Yield-Generating Stablecoin Alternative For Institutional Investors

USDC's Depeg Laid Bare the Risks Traditional Finance Poses to Stablecoins

“Money market funds have a constant $1 NAV [net asset value],” explained Allman. “We’re also targeting holding a few percent of the fund’s assets in stablecoins. That way, investors can get in and out.” Allman declined to give a specific launch date for Ondo’s tokenized money market fund, saying it would go live “soon” and that the company was currently “in the process of onboarding clients.”Security tokens like Ondo’s OMMF have seen a surge in interest as startups and institutional investors alike are exploring ways to migrate traditional financial assets on-chain through tokenization.

“We designed OMMF in a way that makes it composable with on-chain infrastructure,” says Allman. “Because the token is compostable with DeFi, you can lend against it permissionlessly.”, a decentralized finance protocol backed by Ondo that functions as a permissionless touchpoint and, crucially, makes it accessible to retail investors.

“It’s really just DeFi,” added Allman. “This is what all of DeFi enables: the creation of financial services that are not operated by financial institutions.”

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IMF chief, climate leaders pledge to accelerate public-private financeInternational Monetary Fund Managing Director Kristalina Georgieva and UN and COP28 climate leaders on Tuesday pledged to work to accelerate public-private finance to help raise the trillions of dollars needed to meet emissions reduction goals, a statement issued by the IMF said.
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‘This Is a Movie That Nobody Would Finance’The director of How to Blow Up a Pipeline couldn’t “book a single pitch meeting” to get it made. So his crew took matters into its own hands.
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Euler Finance Lets Users Redeem Recovered Funds Following $200M TheftLess than a month later after eulerfinance was exploited for roughly $200 million, the decentralized crypto lending platform has for the first time since the exploit allowed users to claim their capital. reports eulerfinance Guys you need to know about this awesome gem which has made huge profit within a month 💯🔥 It has reached 40m mcap and more to gooo🚀🔥 eulerfinance Want to invest in a potential token then check out BabyBNBTiger . It has over 42m mcap . It's mooning now. Don't miss this opportunity to make huge money. BSC BSCGems eulerfinance It's good to see eulerfinance taking steps to rectify the aftermath of the exploit by allowing users to claim their capital for the first time since the incident. Let's hope this move will help regain trust and rebuild the platform's reputation.
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Euler Finance opens redemptions after hacker returns fundsDue to a rally in the price of Ethereum, Euler Finance's recovered funds are now worth more than before the $197 million exploit.
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France wants independence, will stay 'strong and reliable' US ally, finance minister saysFrench finance minister Bruno Le Maire said on Wednesday that France and Europe want to pursue an independent policy path from the United States and China, but intend to be 'strong and reliable allies of the United States of America.' cept ya'll fund and arm taiwan yourselves eu is all we care about smart So like the UK to the EU then? Who cares? All they have to offer the world is stinky cheese that smells like feet and wine.
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How Hollywood fintech FilmHedge raised millions to finance movies, TV showsCheck out the 18-page pitch deck that Hollywood-focused fintech FilmHedge used to raise tens of millions and help hot new movies and TV series get made
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