USDon is the dollar backed settlement token for Ondo Global Markets. GM token issuance redemption, attestations, and KYC limits are central.
Investment View
USDon review should combine reserves, USDonManager liquidity, GMTokenManager attestation checks, and market halt rules. It is not a fully permissionless stablecoin.
USDon is the dollar backed settlement token linking Ondo Global Markets GM token issuance and redemption. Its maturity depends on reserve transparency, attestation checks, KYC limits, USDonManager liquidity, and market halt controls.
Investment View
Review USDon maturity through reserves, GMTokenManager attestations, KYC limits, USDonManager liquidity, and halt rules.