Blackrock's BUIDL Fund Transfers 596,492 USDC to Ondo Finance

According to PANews, Arkham monitoring data reveals that approximately 15 hours ago, Blackrock's BUIDL Fund transferred a total of 596,492 USDC to Ondo Finance. Previously, Ondo Finance announced a proposal in collaboration with Blackrock and Securitize to introduce Ondo's short-term U.S. Treasury OUSG to Sky's (formerly MakerDAO) Spark tokenization competition. The OUSG aims to provide returns consistent with short-term U.S. Treasury bonds.