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Ondo Finance has launched its USDY yield coin on the Arbitrum blockchain. The initiative is part of a partnership between Ondo Finance and the Arbitrum Foundation, aimed at introducing a tokenized note secured by short-term United States Treasury securities. This launch is a strategic move to leverage BlackRock’s tokenized treasuries, as Ondo Finance had previously allocated its OUSG assets into BlackRock’s BUIDL. The USDY coin offers low minimums, fees, and provides instant investment and redemption options, along with daily interest distributions.
🧈 #ARB_Universe Daily Digest 28.08.24 🧈 @DefiLlama is now tracking @AbacusFi on @Arbitrum and 4 other chains 🧈 @graphprotocol x @Soneium 🧈 @RDNTCapital x @Chainlink 🧈 @OrderlyNetwork token $ORDER has been listed on @OpenOceanGlobal 🧈 @OndoFinance's $USDY live on… https://t.co/tJknNOI5lV
Building on BUIDL: How Ondo Leverages BlackRock’s Tokenized Treasuries Earlier this year, Ondo allocated $OUSG’s assets into @BlackRock ’s BUIDL. Learn how OUSG offers low minimums & fees, instant investment and redemption 24/7, and daily interest distributions Read More:…
Building on BUIDL: How Ondo Leverages BlackRock’s Tokenized Treasuries Earlier this year, Ondo allocated $OUSG’s assets into @BlackRock ’s BUIDL. Learn how OUSG offers low minimums & fees, instant investment and redemption 24/7, and daily interest distributions…
