Ondo

Token

OUSG

PayPal USD

<ul class="wp-block-list news-points">
 <li>ONDO token surged 35% amid integration with PayPal USD (PYUSD).</li>
 <li>The partnership enables 24/7 liquidity between PYUSD and Ondo’s tokenized U.S. Treasuries (OUSG).</li>
 <li>Analysts predict further growth, with targets of $3.40 and potential Binance listing momentum.</li>
</ul>
The ONDO token has surged 35% this month, following Ondo Finance’s integration with PayPal USD (PYUSD). The token gained 9% in the last 24 hours, reaching $1.05. ONDO is up 13% over the past week as well.
This price action follows a major <a href="https://blog.ondo.finance/introducing-24-7-conversions-between-ousg-and-paypal-usd-pyusd/" target="_blank" rel="noopener noreferrer nofollow">announcement</a> on November 15, where Ondo Finance revealed its integration with PayPal USD (PYUSD). The collaboration enables instant conversions between PYUSD and Ondo Short-Term US Government Treasuries (OUSG), marking a significant step in bridging decentralized finance (DeFi) and traditional financial systems.
<div class="wp-block-image">
 <figure class="aligncenter size-full is-resized"><img decoding="async" width="522" height="659" src="https://coinedition.com/wp-content/uploads/2024/11/Screenshot_98.png" alt="" class="wp-image-548224" style="width: 100%;height:auto" srcset="https://coinedition.com/wp-content/uploads/2024/11/Screenshot_98.png 522w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_98-238x300.png 238w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_98-380x480.png 380w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_98-70x89.png 70w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_98-352x445.png 352w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_98-196x247.png 196w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_98-190x240.png 190w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_98-131x165.png 131w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_98-167x211.png 167w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_98-55x70.png 55w, https://coinedition.com/wp-content/uploads/2024/11/Screenshot_98-59x75.png 59w" sizes="(max-width: 522px) 100vw, 522px">
 <figcaption class="wp-element-caption">Source: <a href="https://twitter.com/PayPal/status/1858653339946545443" target="_blank" rel="noopener noreferrer nofollow">X</a>
 </figcaption>
 </figure>
</div>
<h2 class="wp-block-heading" id="h-expanding-liquidity-and-utility">Expanding Liquidity and Utility</h2>
The partnership focuses on enhancing the minting and redemption process for OUSG using <a href="https://coinedition.com/paypal-completes-first-corporate-payment-using-pyusd-stablecoin/" rel="noopener noreferrer nofollow">PYUSD</a>. This development ensures 24/7 liquidity, allowing investors to subscribe to and redeem OUSG while facilitating faster transactions within Ondo’s ecosystem.
Jose Fernandez da Ponte, PayPal’s Senior Vice President of…
The post <a href="https://coinedition.com/ondo-finance-ondo-and-paypal-usd-pyusd-integration-sparks-35-token-surge-whats-next/" rel="noopener noreferrer nofollow">Ondo Finance (ONDO) and PayPal USD (PYUSD) Integration Sparks 35% Token Surge: What’s Next?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ondo Finance (ONDO) and PayPal USD (PYUSD) Integration Sparks 35% Token Surge: What’s Next?

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