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Bittime - Aptos (APT) has integrated Ondo Finance, a tokenized assets platform, introducing USDY stablecoin into its ecosystem. Aptos, which is now one of the top cryptocurrencies, seeks to encourage better tokenization of real world assets (RWA). USDY, which is collateralized by bank demand deposits and USD bonds, is now supported by four platforms including Ethereum, Solana, and Mantle.
According to a press release from Ondo Finance, this collaboration is the first of many planned partnerships with Aptos. The two companies' ambitions are to combine on-chain yield and RWA, as well as introduce new staking and re-staking processes that increase the utility of tokenized assets. USDY will also be featured in Thala's automated market maker pool, adding more liquidity options for users.
Despite these developments, the value of the APT has decreased. After hitting a monthly peak of $10.79, APT is now trading 11% lower at $9.56. However, market predictions suggest that APT still has the potential to reach a value of at least $25 before the end of the year.
Also Read How to Buy Crypto:
What is Ondo Finance?
Ondo Finance is a blockchain-based financial platform that offers real world assets (RWA) tokenization. With the aim of providing institutional-grade financial products and services that are accessible to everyone, Ondo leverages blockchain technology to increase market efficiency, transparency and accessibility.
The platform supports on-chain financial products that invest in billion-dollar exchange-traded funds (ETFs) and are managed by the world's leading bond managers.
Ondo is also developing Flux Protocol, a decentralized lending protocol designed to support tokens with transfer restrictions, expanding the universe of assets it supports. With an experienced executive team from leading institutions such as Goldman, Bridgewater, Millennium, and MakerDAO, Ondo is committed to building a more efficient and transparent next-generation financial infrastructure.
What is Aptos?
Aptos is an independent Layer 1 blockchain platform focused on security and scalability, driving growth in the decentralized network and developer ecosystem. Founded by Avery Ching and Mo Shaikh in October 2022, Aptos differs from traditional blockchains by adopting a parallel transaction execution engine.
Aptos promises unprecedented speed, unprecedented trust, and an unstoppable community. With over 7.3K transactions per second (TPS) and over 2.3 million monthly active users, Aptos seeks to revolutionize blockchain with unmatched speed, unprecedented trust, and an unstoppable community.
The collaboration between Ondo Finance and Aptos reflects the synergy between financial innovation and blockchain technology, with the aim of creating a more open, inclusive and efficient financial ecosystem.
How to Buy ONDO Tokens on Bittime
You can buy and sell ONDO tokens in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappbeti. ONDO is available on Bittime with ONDO IDR pairing .
To be able to buy ONDO/IDR tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of Bittime assets is IDR 10,000. After that, you can make ONDO purchases in the application. Learn a more complete guide on how to buy ONDO on Bittime.
Monitor the price chart movements of Ondo Finance (ONDO), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
Ondo Finance (ONDO) Price Prediction, Will It Rise? Check out the analysis here
Ondo Finance Presents Ondo Global Markets, a Liquidity Solution for Real World Assets
Ondo Finance COO Claims Profit-Producing Stablecoins Have Potential for Market Domination
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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