DeFi Protocol Ondo Finance Sets Up Tokenized Corporate Bonds With Over 8% Yield on Stablecoins

DeFi Protocol Ondo Finance Sets Up Tokenized Corporate Bonds With Over 8% Yield on Stablecoins

“Large stablecoin holders, including start-ups and [decentralized autonomous organizations], are faced with a choice between having their purchasing power eroded away by inflation or taking too much risk with the current set of on-chain yield offerings,” Nathan Allman, founder of Ondo Finance, said in a post.

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