Ondo Pushes USDY Deeper Into Solana DeFi
TL;DR Ondo Finance says its USDY tokenized yield product is increasing throughout Solana DeFi venues. USDY is a yield-bearing tokenized notice backed by short-term US Treasuries and financial institution deposits, not a traditional $1 stablecoin. The enlargement builds on Ondo’s wider effort to make tokenized real-world belongings usable inside DeFi quite than leaving them as…