Ondo Finance Collaborates With BlackRock And Securitize To Propose Integration Of OUSG For Sky's Stablecoin

According to Odaily, Ondo Finance announced on platform X that it has partnered with BlackRock and Securitize to submit a proposal for the integration of Ondo's short-term US Treasury OUSG into Sky's (formerly MakerDAO) Spark tokenization competition. OUSG is an on-chain financial product that offers returns consistent with short-term US Treasuries and has an asset management scale of approximately $229 million. Ondo aims for OUSG to effectively support Sky's stablecoin USDS, enhancing the yield and liquidity within the Sky ecosystem.