$USDon
Ondo icon
Ondo
USDon Icon

Ondo U.S. Dollar Token

USDon is a stablecoin backed 1:1 by a US dollar in one of Global Markets’ brokerage accounts. USDon is the stablecoin used to instantly buy or redeem Ondo tokenized stocks. When you purchase Ondo tokenized stocks with other stablecoins such as USDC, our platform atomically swaps that stablecoin for USDon and then uses USDon to buy the tokenized stock. Similarly, when you sell your tokenized stock for USDC, our platform first redeems for USDon and then swaps that for USDC, all in one atomic transaction.
StablecoinsNon-U.S. Investor
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Learn more about this asset directly from the issuer's website.

Market Cap

$22,775,808

15.56%from 30d ago

Price

$1.00

Holders

6,417

12.52%from 30d ago

Monthly Transfer Volume

$475,279,702

+111.10%from 30d ago

Monthly Active Addresses

1,185

86.58%from 30d ago

Stablecoin Metrics

Market Caps shows the scale and power law distribution between all stablecoin issuers.

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Market Cap by Network

Key Facts

Name
Ondo U.S. Dollar Token
Ticker
USDon
CUSIP
ISIN
Platform
Asset Type
Manager
Asset Class
Underlying Assets
Eligible Investors
Non-U.S. Investor
Inception Date
07/15/2025
Use Of Income
Accumulates
Management Fees
0%
Performance Fees
0%

Market Data

Total Value
$22,775,808
NAV
$1.00
Price
$1.0000
Token Supply
22,775,807.78
Circulating Supply
22,775,807.78
7D APY
30D APY
Holders
6,417
Trailing 30D Active Addresses
1,185
Monthly Transfer Count
912,061
Monthly Transfer Volume
$475,279,702

Tokens

Network
Token Standard
Token Supply
Circulating Supply
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Bridged Supply
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Holders
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Trailing 30D Active Addresses
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Monthly Transfer Volume
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Monthly Transfer Count
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Contract Address
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ERC-20
22,775,807.78
22,775,807.78
22,775,807.78
6,416
1,181
$422,315,321
829,079
ERC-20
0.00
0.00
0.00
1
4
$52,964,381
82,982

Primary Market

Eligible Investors
Non-U.S. Investor
Base Assets
USDC
Subscription Time
Instant
Min. Investment
Subscription Fees
0%
Redemption Time
Instant
Minimum Redemption Amount
Redemption Fees
0%

Service Providers

Platform
Manager
Sub-Advisor

Custodian

Legal Identifier

Crypto Custodian
BitGo iconBitGo
Fund Administrator
Traditional Broker
Alpaca Securities
Crypto Broker
Auditor
BPM UK Audit Ltd
Transfer Agent
Paying Agent

Legal & Regulatory

Issuer
Ondo Global Markets
Issuer LEI
Issuer CIK
Domicile
British Virgin Islands Flag

British Virgin Islands

License or Regulatory Framework

British Virgin Islands Securities and Investment Business Act

FSC - British Virgin Islands Financial Services Commission

Dispute Resolution Country

British Virgin Islands

Account Segregation
Bankruptcy Remote
Deposit Insurance
Terms
Management Fees
0%
Performance Fees
0%
Other Fees
Redemption Fees
0%
Subscription Fees
0%

Holders

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holder breakdowns

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