Ondo Finance (ONDO) and PayPal USD (PYUSD) Integration Sparks 35% Token Surge: What’s Next?

By Coin Edition
14 days ago
ONDO TOKEN OUSG TOKEN PYUSD
  • ONDO token surged 35% amid integration with PayPal USD (PYUSD).
  • The partnership enables 24/7 liquidity between PYUSD and Ondo’s tokenized U.S. Treasuries (OUSG).
  • Analysts predict further growth, with targets of $3.40 and potential Binance listing momentum.

The ONDO token has surged 35% this month, following Ondo Finance’s integration with PayPal USD (PYUSD). The token gained 9% in the last 24 hours, reaching $1.05. ONDO is up 13% over the past week as well.

This price action follows a major announcement on November 15, where Ondo Finance revealed its integration with PayPal USD (PYUSD). The collaboration enables instant conversions between PYUSD and Ondo Short-Term US Government Treasuries (OUSG), marking a significant step in bridging decentralized finance (DeFi) and traditional financial systems.

Source: X

Expanding Liquidity and Utility

The partnership focuses on enhancing the minting and redemption process for OUSG using PYUSD. This development ensures 24/7 liquidity, allowing investors to subscribe to and redeem OUSG while facilitating faster transactions within Ondo’s ecosystem.

Jose Fernandez da Ponte, PayPal’s Senior Vice President of…

The post Ondo Finance (ONDO) and PayPal USD (PYUSD) Integration Sparks 35% Token Surge: What’s Next? appeared first on Coin Edition.

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