The current real-time price of USDON is $1. In the past 24 hours, USDON has traded between $1 and $1, showing strong market activity. The all-time high of USDON is $1, and the all-time low is $1.
From a short-term perspective, the price change of USDON over the past 1 hour is , over the past 24 hours is --, and over the past 7 days is --. These figures provide a quick overview of the latest price trends and market dynamics of USDON on LBank.--
The live price of USDON today is $1, with a current market cap of $44.605M. The 24-hour trading volume is 30M. The price of USDON to USD is updated in real time.
Before deciding whether to buy or sell USDON, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s USDON technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for USDON.
How much will USDON be worth tomorrow, next week, or next month in ? What about your USDON assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! USDON Price Prediction
To learn more about USDON, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x3312...8e8fa5  | 7.736M | 45.26% |
ethereum | 0x29fb...ef3a93 | 5.000M | 29.25% |
ethereum | 0xd406...8e3598 | 1.750M | 10.24% |
ethereum | 0x78b8...cf3724 | 1.750M | 10.24% |
ethereum | 0x6d4e...76b575 | 1.750M | 10.24% |
Other | -893,349 | -5.23% |
USDON serves as the native "bridge" currency for Ondo Global Markets, primarily facilitating the trading of tokenized real-world assets (RWAs) like stocks and ETFs. It is a non-yield-bearing stablecoin, backed 1:1 by U.S. dollars. In contrast, USDY (Ondo US Dollar Yield) is a yield-bearing token designed for earning interest, backed by U.S. Treasuries, and has a different liquidity profile. USDON is for immediate trading liquidity; USDY is for earning passive yield.
USDON is backed 1:1 by U.S. dollars. These dollars are held in regulated brokerage accounts, ensuring that for every USDON token in circulation, an equivalent amount of cash or cash equivalents is reserved. This institutional-grade backing structure facilitates the efficient and reliable trading of tokenized securities on Ondo Global Markets, providing robust stability and trust for users.
USDON is primarily used on Ondo Global Markets as the medium of exchange for trading tokenized real-world assets. While users can hold USDON directly for instant liquidity on the platform, it is not typically listed on major centralized cryptocurrency exchanges. Its main utility is ecosystem-specific, facilitating atomic swaps from other stablecoins like USDC for RWA purchases directly within the Ondo environment.
Like most Ondo products, USDON is generally not available to U.S. persons or residents of restricted jurisdictions. It is primarily designed for non-U.S. individuals and institutional investors. To ensure compliance with relevant financial regulations, all users are required to complete a rigorous onboarding and Know Your Customer (KYC) process through Ondo Finance before they can mint, redeem, or use USDON for trading tokenized securities.
Yes, a rigorous Know Your Customer (KYC) process is required for all users to mint, redeem, or use USDON for trading tokenized stocks. Ondo emphasizes "institutional-grade" compliance. USDON operates under the legal framework of Ondo Global Markets (BVI) Ltd, ensuring clear legal standing. Its underlying assets are held by licensed U.S. custodial broker-dealers, adding an extra layer of security and regulatory oversight to protect user funds and facilitate compliant operations.
USDON was initially launched primarily on the Ethereum blockchain as an ERC-20 token, leveraging Ethereum's robust security and established ecosystem. However, in response to community interest and the ongoing drive to reduce transaction costs, discussions and development are underway regarding potential expansions to other popular chains. These include networks like Solana, BNB Chain, and the TON network, aiming to enhance accessibility and provide more cost-effective options for users.
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