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🌋 Stablecoin Oversight Gains Momentum in the U.S.
✨ Ondo Finance Bets Big on Yield-Bearing Stablecoins
Justin Schmidt, the Chief Operating Officer at Ondo Finance, which specializes in tokenized securities, is confident that yield-bearing stablecoins will outpace their traditional counterparts in the future. He notes that current issuers of such tokens are channeling investments into U.S. Treasury bonds and deposits, thereby securing their own profits, while regular users remain deprived from yield-generation.