Hello crypto enthusiasts! 🌟
The Aptos Foundation announced the launch of Ondo US Dollar Yield (USDY), a stablecoin backed by US Treasury bonds, on its blockchain. Although it is not registered in the US, it will be available to residents outside the country.
- **Tether and Binance.US**: Large buyers of US government debt.
- **Paul Ryan**: Former legislator highlights the potential of stablecoins to strengthen the dollar.
- **Tokenized market**: Could reach $3 billion by 2024.
What do you think? Comment below!