Ondo Finance will support instant exchange between PYUSD and OUSG

On November 18, Ondo Finance announced that it will soon launch an instant exchange feature between PayPal USD (PYUSD) and Ondo Short-Term US Treasury Bonds (OUSG). This collaboration will enable investors to seamlessly mint OUSG through PYUSD and realize the all-weather instant redemption from OUSG to PYUSD.

This arrangement further enhances the redemption liquidity of OUSG while expanding the application scope of PYUSD as a source of liquidity for Real World Assets (RWA).