Ondo Finance has invested $25 million in Figure to boost the OUSG stablecoin.

BlockBeats News, November 24th, According to official sources, Ondo Finance announced a $25 million investment in Figure's yield-generating stablecoin YLDS to enhance the revenue streams of its flagship tokenized fund OUSG and improve diversification. OUSG currently has a TVL of over $780 million, with underlying allocations to institutional products from BlackRock, Fidelity, Franklin Templeton, WisdomTree, FundBridge Capital, and others.