$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.
Distributed Asset
Stablecoins
Non-U.S. Investor
Visit Product ↗
Learn more about this asset directly from the issuer's website.

Market Cap

$60,763,629

13.85%from 30d ago

Price

$1.00

Holders

5,089

3.40%from 30d ago

Monthly Transfer Volume

$1.02B

27.96%from 30d ago

Monthly Active Addresses

303

12.43%from 30d ago

Stablecoins Metrics

Show % of Total

Market Cap by Network

Key Facts

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

Market Data

Total Value
$60,763,629
NAV
$1.00
Price
$1.0000
Token Supply
60,763,629.01
Circulating Supply
60,763,629.01
7D APY
30D APY
Holders
5,089
Trailing 30D Active Addresses
303
Monthly Transfer Count
406,057
Monthly Transfer Volume
$1,018,003,401

Tokens

Network
Type
Token Standard
Token Supply
Circulating Supply
Login to Unlock
Bridged Supply
Login to Unlock
Holders
Login to Unlock
Trailing 30D Active Addresses
Login to Unlock
Monthly Transfer Volume
Login to Unlock
Monthly Transfer Count
Login to Unlock
Contract Address
Login to Unlock
Native
ERC-20
30,172,059.19
30,172,059.19
30,172,059.19
86
12
$745,818,335
355,586
Native
ERC-20
20,161,365.71
20,161,365.71
20,161,365.71
4,995
284
$258,280,630
30,511
Native
token-2022
10,430,204.11
10,430,204.11
10,430,204.11
8
7
$13,904,437
19,960

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 iconAlpaca Securities
Crypto Broker
Auditor
BPM UK Audit Ltd iconBPM 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

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

View detailed token
holder breakdowns

Sign up for a free account to get access to breakdowns of which investor addresses hold an RWA across blockchain networks.

Holders Product Screenshot