RainFin’s USD Saving Token (USD ST) Pioneers Unrestricted Access to BlackRock’s Tokenized US Treasuries

RainFin’s USD Saving Token (USD ST) Pioneers Unrestricted Access to BlackRock’s Tokenized US Treasuries

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RainFin is proud to announce a groundbreaking step forward in democratizing access to premium US Treasury investments for South African investors. By building on BlackRock’s BUIDL token and Ondo’s OUSG product, RainFin introduces the USD Savings Token (USD-ST), providing unparalleled liquidity, 24/7 redemption capabilities, and stable returns aligned with top-tier USD money market funds.

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This advancement leverages RainFin’s deep integration with the innovative tokenization strategies of both BlackRock and Ondo, creating a seamless investment experience that brings institutional-grade opportunities directly to South African investors. The USD Savings Token offers liquid exposure to short-term US Treasuries, enhanced by Ondo’s 24/7 stablecoin minting and redemption through USDC, ensuring continuous market access and flexibility.

?Strategic Integration and Features:

???Robust Underlying Asset: USD-ST is backed by Ondo’s OUSG, which integrates BlackRock’s BUIDL token, representing institutional-grade short-term US Treasury exposure.

?? Enhanced Liquidity: With 24/7 stablecoin redemption, investors can seamlessly convert their tokens into USDC at any time, ensuring maximum flexibility.

????Optimized Returns: Targeted returns of approximately 4.75%, consistent with tier-one USD money market funds, position the USD-ST as a highly competitive investment vehicle.

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Proof of Reserves: Ensuring Transparency and Trust

RainFin is committed to maintaining the highest levels of transparency and security for our investors. Every USD Savings Token (USD-ST) is fully backed by the underlying Ondo USD Savings Fund (OUSG) and is instantly redeemable for USDC. Investors can verify this backing through our Proof of Reserves page, where on-chain data confirms that each USD-ST corresponds directly to its underlying assets, ensuring that redemptions are always fully supported.

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How We Address Exchange Control for South African Investors

RainFin recognizes the complexities surrounding exchange control for South African investors and has developed a unique solution that maximizes access while maintaining compliance with local regulations.

????Unlimited USD-ST Holdings: South African investors can now purchase unlimited USD Savings Tokens (USD-ST), allowing them to hold significant exposure to US Treasuries without the limitations that typically apply to offshore investments.

???Redemption Flexibility: South African investors who subscribe to USD-ST using ZAR can hold their tokens indefinitely. However, unlike global investors, they are unable to redeem their underlying assets for USDC directly. This ensures compliance with South Africa’s exchange control regulations while still providing substantial benefits.

????Direct USDC Redemption: For South African investors who subscribe to USD-ST using USDC or USDT, full redemption in USDC or USDT is possible, bypassing the traditional restrictions associated with ZAR-based investments. This feature is particularly advantageous for those with existing USD balances or those able to convert ZAR into USDC offshore.

???Cost-Effective Offshore Access: This innovative approach eliminates the high costs and minimum investment requirements typically associated with accessing offshore investments, offering a more accessible and efficient means for South Africans to participate in global financial markets.

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How to Invest: A Guide for Individuals and Corporates?

For Individuals:

1.? Register on RainFin: Create an account on the RainFin platform and complete the KYC process.

2.??Purchase USDC: Convert your ZAR or other currency into USDC on the RainFin platform.

3.???Invest in USD-ST: Use your USDC to purchase USD Savings Tokens and start earning returns on US Treasuries.

4.??Redeem Anytime: Enjoy the flexibility of 24/7 redemption, converting your USD-ST back into USDC whenever needed.

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For Corporates:

1.??Corporate Account Setup: Create a Corporate account on the RainFin platform and complete the KYC process.

2.?Bulk USDC Purchase: Convert large volumes of ZAR or other currencies into USDC through the RainFin platform.

3.?Token Allocation: Allocate USDC into USD Savings Tokens, providing your organization with stable, short-term exposure to US Treasuries.

4.?Liquidity Management: Utilize RainFin’s platform to manage liquidity needs, with the ability to redeem tokens 24/7.

About RainFin:

RainFin is a trailblazer in asset tokenization, offering a comprehensive regulatory framework and cutting-edge blockchain technology. Our mission is to empower investors by providing secure, regulated, and globally significant financial products.

For more information on the USD Savings Token and investment opportunities, visit RainFin’s website or RainFin App or contact our customer service team.

About BUIDL:

The BlackRock BUIDL token, representing the BlackRock USD Institutional Digital Liquidity Fund, is currently the largest tokenized treasury fund in the market, having surpassed $500 million in assets under management (AUM). Launched in March 2024, BUIDL has rapidly grown to become a leading player in the tokenized asset space, outpacing other significant funds like Franklin Templeton’s OnChain U.S. Government Money Fund. This fund allows institutional investors to gain stable yields through investments in U.S. Treasuries, facilitated via blockchain technology. The BUIDL token underscores the growing influence of real-world asset (RWA) tokenization in the financial sector? .

About OUSG:

The Ondo USD Savings Fund (OUSG) is a critical component of the USD Savings Token (USD-ST), offering investors liquid exposure to short-term U.S. Treasuries. As of the latest data, OUSG manages approximately $281 million in AUM. This fund is designed to provide stability and liquidity, seamlessly integrating with stablecoin ecosystems for 24/7 minting and redemption. OUSG’s integration with BlackRock’s BUIDL token further enhances its appeal, making it a reliable investment vehicle for those seeking to balance stable returns with flexible, on-chain liquidity