Ondo Debuts USD Yield (USDY) for Global (Non-US) Individual and Institutional Investors

Written by PR Newswire

GREENWICH, Conn., Aug. 3, 2023 /PRNewswire/ -- Ondo Finance, a leader in institutional-grade on-chain finance, is excited to announce the launch of USD Yield (USDY), the world's first tokenized note secured by US Treasuries and bank deposits. USDY provides similar accessibility and utility as stablecoins while paying token holders a yield—5%...

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