Ondo Finance invests $25 million in Figure to promote the OUSG stablecoin

According to official news, Ondo Finance announced an investment of $25 million in Figure's yield-bearing stablecoin YLDS, aimed at enhancing the yield sources of its flagship tokenized fund OUSG and improving diversification.

OUSG currently has a TVL of over $780 million, with underlying allocations in institutional products from BlackRock, Fidelity, Franklin Templeton, WisdomTree, FundBridge Capital, and others.