The new stablecoin-like token, OMMF, will be backed by conventional money market funds and is available only to qualified purchasers and accredited investors. But retail investors can lend against the tokens via Ondo’s DeFi protocol Flux to indirectly access the yield.Originally published at CoinDesk
Trending
- A New Altcoin Has Joined the Top 10 Cryptocurrencies—Today’s Rally Triggered a Wave of Liquidations – BitRss
- Fox News Host Tells Mitch McConnell To Return To Work Or Resign
- The Best Amazon Labor Day Deals, Picked By Deal Hunters
- Dolly Parton’s Niece Explains Why Aunt Kept Quiet On Health
- The Night Manager’s Powerful Lessons
- ALGO Price Prediction: $0.10 Is the Wall — Break It or Get Crushed Back to $0.07
- GOP Rep Gives Meandering Answers When Asked If He Wants Trump To Campaign With Him
- Binance.US, Alameda, Voyager Digital and the SEC — the ongoing court saga