Odaily Planet Daily reports that digital asset prime broker FalconX has announced support for OpenEden’s issued yield-bearing stablecoin OpenDollar (USDO) on its platform. USDO is fully backed by tokenized short-term U.S. Treasury assets and regulated by the Bermuda Monetary Authority. Approved institutional clients can allocate idle cash or stablecoins to USDO to earn U.S. Treasury yields, use USDO as qualified collateral for some lending and derivatives trading, and access USDC liquidity through FalconX’s lending services to enhance capital efficiency while maintaining trading and financing capabilities.
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