Ondo Finance focuses on tokenizing real-world assets (RWAs) to improve liquidity, accessibility, and efficiency in financial markets. Ondo Finance offers several products, including the OUSG Fund and USDY. The OUSG Fund is a tokenized version of BlackRock’s iShares Short Treasury Bond ETF, providing liquid exposure to short-term US Treasuries. USDY is an interest-bearing stablecoin backed by short-term US Treasuries and bank deposits, designed to offer yield to its holders.