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Aug 31

Ondo Launches USDY On Arbitrum

Quick TakeOndo launches USDY on Arbitrum.EF ESP Q2 grant allocations.AltLayer deploys Kyoto 2.0.Linea surpasses 350k subnames.Ondo Launches USDY On ArbitrumOndo Finance, a protocol focused on onchain securities, launched its USDY yield-bearing stablecoin on Arbitrum One. USDY is backed by U.S. Treasuries and offers a yield of around 5.3% APY. The integration with Arbitrum enables users to access USDY across the Arbitrum ecosystem, including applications like Camelot and Dolomite. In June, the...

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