The ONDO token has increased by 35% this month following Ondo Finance's integration with PayPal USD (PYUSD). This partnership enables 24/7 liquidity between PYUSD and Ondo’s tokenized U.S. Treasuries (OUSG).
ONDO Token Surge and Integration Announcement
The ONDO token increased by 35% this month, following a major announcement regarding its integration with PayPal USD (PYUSD) by Ondo Finance. The token reached a value of $1.05 and grew by 13% over the past week.
Expanding Liquidity and Utility
The partnership focuses on enhancing the minting and redemption process for OUSG using PYUSD. This development ensures 24/7 liquidity, allowing investors to subscribe to and redeem OUSG while facilitating faster transactions within Ondo’s ecosystem.
Forecasts and Prospects
Analysts predict further growth for the token, setting targets at $3.40 and noting momentum potential with a possible Binance listing.
The integration with PYUSD has significantly impacted the ONDO token's value, highlighting its role in bridging decentralized and traditional financial systems.
