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Ondo Spikes 8% as Ondo Finance Tests Instant Conversion From BlackRock's Tokenized Fund to USDC

Stablecoin issuer Circle introduced a new smart contract function earlier Thursday to allow near-instant, around-the-clock redemptions from BlackRock's BUIDL fund for USDC stablecoins.

Updated Apr 11, 2024, 9:58 p.m. Published Apr 11, 2024, 9:55 p.m.
Ondo price on April 11 (CoinDesk)
Ondo price on April 11 (CoinDesk)