Ondo Token Surges 8% After Enabling Instant Stablecoin Swaps from BlackRock's BUIDL

• Ondo Finance's token ONDO spiked 8% after testing instant conversion from BlackRock's BUIDL token to USDC stablecoin • An Ondo wallet redeemed $250K worth of BUIDL for USDC to test new feature announced by Circle • Ondo using feature to power instant redemptions of OUSG token (backed by U.S. govt securities) into USDC • BlackRock entered asset tokenization with Securitize fund yielding daily payouts via BUIDL token • Ondo an early adopter using BlackRock fund as backing asset for own OUSG token