STBL x Ondo Partnership for USST Minting
STBL has partnered with Ondo Finance to enable minting of up to $50 million worth of USST stablecoins using Ondo's USDY token as the primary collateral. The event launches on October 10, 2025. This partnership focuses on leveraging USDY, Ondo's US Dollar Yield Token, to back stablecoin issuance efficiently. Interested participants can follow the announcement on STBL's and Ondo's official Twitter channels. Recent News The first tranche of USST minting, worth $250,000, has been activated and is visible on the STBL dashboard, signifying the start of issuance. Ondo's USDY token currently commands a TVL of approximately $690 million across multiple protocols, reinforcing its role as reliable collateral. STBL raised attention recently with its governance token debut, a well-received milestone enhancing the stablecoin's ecosystem. Future Plans STBL aims to expand its issuance capabilities further by continuously integrating real-world asset tokenization and yield-generating collateral like USDY. Ondo plans to strengthen its position as a leader in tokenized real-world assets, growing the ecosystem around USDY and similar products. Onchain Data TVL: USDY holds roughly $690M across 12+ protocols. Community Sentiment Positive — The community expresses optimism about the partnership's potential to enhance stablecoin liquidity and to leverage yield-generating collateral. Tweets from official accounts have garnered supportive replies commenting on innovative use of USDY and the strategic alignment of STBL and Ondo. Risk Disclaimer This partnership may impact the USST token price due to the introduction of significant collateral and minting capacity. Participants should conduct due diligence before engaging. Sources used https://x.com/stbl_official/status/1976590122410987826 https://www.globenewswire.com/news-release/2025/10/10/3164841/0/en/STBL-picks-Ondo-s-USDY-as-primary-collateral-unlocking-50M-in-USST-minting-capacity.html https://cointelegraph.com/press-releases/stbl-picks-ondo-s-usdy-as-primary-collateral-unlocking-50m-in-usst-minting-capacity https://x.com/OndoFinance/status/1976590807189872914
Ondo
October 10