Ondo Finance (ONDO) has established itself as the main link between traditional Wall Street finance and the crypto world. Its value is currently directly tied to the Real World Assets (RWA) sector: the transformation of physical and financial assets into digital tokens.
What exactly does Ondo do?
Ondo acts as a technological and regulatory bridge that allows traditional assets to "live" on the blockchain. It offers institutional-grade products:
USDY (Yield-Bearing Stablecoin): A tokenized note backed by U.S. Treasury securities that pays yields directly to holders.