USDon Icon

$USDon

$USDon

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 ...

Stablecoins
Explore issuer purchase options or request access through RWA.xyz.

Market Cap

$79.40M

▼4.01%from 30d ago

Price

$1.00

Holders

4,793

▼1.24%from 30d ago

Monthly Transfer Volume

$504.75M

▼7.08%from 30d ago

Monthly Active Addresses

202

▲+18.82%from 30d ago

Ondo U.S. Dollar Token Metrics

Market Cap by Network

as of 09/30/2026

Key Facts

Name
Ondo U.S. Dollar Token
Ticker
USDon
CUSIP
—
ISIN
—
Platform
Tokenization
Type
Tokenization Sponsorship
Third-Party
Type
—
Asset Manager
—
Asset Class
Currency
Eligible Investors
Inception Date
07/15/2025
Use Of Income
Accumulates
Management
Fees
0%
Performance
Fees
0%

Market Data

Total Value
$79,400,385
▼
NAV
$1.00
Price
$1.0000
Token Supply
79,400,385.07
▼
Circulating Supply
79,400,385.07
▼
7D APY
—
30D APY
—
Holders
4,793
▼
Trailing 30D
Active Addresses
202
▲
Monthly
Transfer Count
289,974
▲
Monthly
Transfer Volume
$504,752,898
▼

Tokens

Network
Type
Tokenization
Type
Token Standard
Token Supply
Circulating Supply
Bridged Supply
Holders
Trailing 30D
Active Addresses
Monthly
Transfer Volume
Monthly
Transfer Count
Contract Address
Native
ERC-20
34,408,839.50
▼
Native
ERC-20
31,868,583.53
▼
Native
token-2022
13,122,962.04
▼

Primary Market

Eligible Investors
—
Base Assets
—
Subscription Time
—
Min.
Investment
—
Subscription
Fees
0%
Subscription Description
—
Redemption Time
—
Minimum Redemption Amount
—
Redemption
Fees
0%
Redemption Description
—
KYC Description
—

Service Providers

Platform
Asset 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 Stocks
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

Fees

Management
Fees
0%
Performance
Fees
0%
Other Fees
—
Redemption
Fees
0%
Subscription
Fees
0%

Holders

View detailed token
holder breakdowns

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Holders Product Screenshot