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Ondo
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Ondo Supports Spout Protocol Plan for Interest-Free Stock-Token Loans
(21 hours ago) · 1 source · Summarized by CryptoBipto
Ondo has backed a plan by Spout to offer no-interest loans collateralized by stock tokens. The initiative aims to combine tokenized equities with decentralized lending. Details on the structure and timeline of the program remain limited.
WHY IT MATTERS
In traditional finance, if you own stocks and need cash, you usually have to sell them or take out a loan that charges interest.
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SOURCES
- thedefiant.io
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