Binance bStocks just crossed $1B in AUM after only 125 days live, half the time it took $ONDO to hit its own RWA milestone.

70% of that volume is coming from emerging markets, a clear sign retail is still hungry for RWA exposure even as $ONDO floats at $0.4468, up 3.88% on the day. That emerging market share is way higher than most RWA products, which is why $ONDO is rallying right alongside the bStocks news.

I’m not chasing this pop yet. The only confirmation I care about is if daily volume holds above the 7-day average, and if $ONDO’s funding rate stays positive so we don’t get a short-squeeze reversal out of nowhere.
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