The rise of tokenization for US Treasuries is gaining attention and positively impacting the US Treasury Bills sector. The US Treasury has recognized Ondo Finance as a notable project, alongside industry players like BlackRock and Franklin Templeton. Ondo Finance highlights the advantages of tokenization, including simplified and atomic settlements, enhanced collateral management through smart contracts, increased transparency, and the potential for product innovation and inclusion in emerging markets. Tokenization is revolutionizing conventional financial markets by providing more secure and efficient transaction processing.
Tether shifts focus to European, Middle Eastern and African markets in the face of US legal troubles