PRN · 2026-11-12 14:30 UTC

Ondo Stocks Now Power Spout Finance's Interest-Free Borrowing

Ondo Stocks announced that Spout Finance will accept its tokenized U.S. stocks and ETFs as collateral on Solana from launch, letting users borrow USDC with no interest charged by Spout. Spout redeems the tokens for underlying shares via Alpaca's Instant Tokenization Network, sells weekly covered calls on those shares, and uses the premiums to pay lenders instead of collecting borrower interest. Borrowers can borrow up to 50% of collateral value, give up gains above the strike price when calls are exercised, and may have collateral sold if its value falls.

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