Ondo Finance invests $25 million in Figure to promote the OUSG stablecoin

Foresight News reported that Ondo Finance has announced a $25 million investment in Figure's yield-bearing stablecoin YLDS, aiming to enhance the yield sources and diversify the allocation of its flagship tokenized fund OUSG. OUSG currently has a TVL of over $780 million, with underlying allocations to institutional products from BlackRock, Fidelity, Franklin Templeton, WisdomTree, and FundBridge Capital.