A new type of yield-generating stablecoin has been introduced by DeFi provider Ondo Finance, offering institutions a way to benefit from the return of US money market funds on-chain. According to an update from Ondo Finance on Thursday, the new stablecoin, dubbed OMMF, will be a tokenized version of US government money market funds, tradeable 24/7 on the blockchain.... Read More: Ondo Finance Introduces Yield-Generating Stablecoin Alternative for Institutions – How Does it Work?
