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Stacks (STX) is a cryptocurrency designed to bring smart contracts and decentralized applications to Bitcoin. It operates as a layer-1 blockchain that enables developers to build on Bitcoin's security while leveraging its existing ecosystem, effectively enhancing Bitcoin's functionality without altering its core protocol.
U.S. Dollar Tokenized Currency (Ondo) (USDon) is a digital asset designed to represent the value of the U.S. dollar on the blockchain. It aims to provide a stable and efficient means of transacting in a decentralized financial ecosystem while maintaining the stability and trust associated with fiat currency.