Will STBL USDY Selection Activate Significant ONDO Cryptocurrency Bull run?
An opportunity to mint $50 million just became available for a new dollar-pegged stablecoin, leaving traders curious if this is the impetus that ONDO crypto requires.
STBL.com, the entity behind the USST dollar coin, announced on Friday that it has selected Ondo Finance’s USDY as its primary collateral, enabling the issuance of up to $50 million in new USST tokens.
The strategic alliance, revealed on October 10 in Dubai, London, and New York, reflects STBL’s strategy to enhance its dollar available volume by utilizing tokenized US Treasuries as a foundation.
DISCOVER: 16+ New and Upcoming Binance Listings in 2025
Why Is the Integration of USDY and USST Significant for Stablecoin Development?
USDY serves as a yield-bearing, tokenized cash product supported by short-term US Treasuries and bank deposits, specifically designed for users outside the US.
USST, issued by STBL, functions as a payment stablecoin that is pegged 1:1 to the dollar and backed by actual assets. Its structure keeps daily liquidity (USST) distinct from the yield stream via a separate claim, ensuring the peg remains stable while allowing issuers to retain the yield.
USDY, known as Ondo’s “yieldcoin,” derives its value from the underlying interest. Ondo reinvests this interest, updates the USDY rate monthly, realizes the spread, and applies a 0.2% redemption fee.
STBL has now chosen USDY as the primary collateral to facilitate up to $50 million in new USST issuance. This step aims to merge overcollateralization, on-chain governance of fees and deductions, along with institutional-grade asset backing.
STBL CEO Avtar Sehra remarked, “The design of stablecoins needs to align with the current reality: the global shift towards tokenized reserves.”
This integration could elevate the market demand for USDY through STBL’s minting framework, enhancing its role as real-world asset collateral and amplifying Ondo’s influence across total value locked, integrations, and on-chain activities.
ONDO primarily governs the Ondo ecosystem, yet the increase in USDY adoption, along with product fees and protocol multiplicative effects, has significantly shaped the token’s narrative.
Any notable price movement will depend on minting volumes, Decentralized finance listings that enhance USDY’s utility, and emerging collaborations.
The STBL news highlights the on-chain management of collateral regulations and fee pathways, characterizing the system as multi-layered and overcollateralized.
As per Ondo, the treasuries and bank deposits underpin USDY, which is issued outside the United States. The amalgamation intends to illustrate that institutional-quality collateral can scale stablecoin token supply without losing market fluidity.
DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2025
ONDO Price Prediction: Is ONDO Digital currency Set for a Significant Breakthrough Following the USDY Collateral News?
According to Coingecko, ONDO was trading at a relatively stable level of about $0.90 over the past 24 hours, with an estimated transaction volume of roughly $180-$186 million each day.
(Source: Coingecko)
Ondo USDY, a stable income-generating asset, had an active token supply of approximately 620-625 million tokens with a valuation between $675-$690 million. The muted response suggests that traders did not view the recent news about STBL collateral as a significant shift in market perceptions.
Based on a graph shared by analyst DonOfCharts, ONDO/USDT is forming a symmetrical triangle setup that often leads to volatile movements.
if you do not like money
do not enter this $ONDO trade pic.twitter.com/QhfOfclSaa
— Don (@DonaldsTrades) October 10, 2025
Currently, the token is trading around $0.89, resting on the lower trendline base level in the triangle that has been maintained since July.
(Source: X)
The upper limit hovers around $1.05-$1.10, marked by previous swing peaks. A significant price breakout beyond that range could propel ONDO toward the anticipated target near $1.59, indicating a potential 70% increase from present prices.
At this stage, ONDO seems to be in a consolidation phase within its overall uptrend trend. Traders are keeping a close eye on the price floor level at $0.83. A fall beneath that threshold could undermine the current optimistic scenario and expose the token to short-term downward pressure.
DISCOVER: 9+ Best Memecoin to Buy in 2025
Join The 99Bitcoins Update Discord Here For The Latest Market Updates
The post Will STBL USDY Pick Trigger Major ONDO Crypto Upward movement? appeared first on 99Bitcoins.
