RWA protocol Ondo Finance will expand its flagship product USDY to the Sui network
2024/02/07 14:14
According to The Block, Ondo Finance announced that its USDY stablecoin will expand to the Layer1 Sui blockchain of Mysten Labs. The company stated: This expansion will bring the first dollar-denominated native token on the Sui Network (including stablecoins and interest-bearing stablecoin alternatives). USDY is a tokenized note supported by short-term US Treasury bonds and bank demand deposits.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Lock now!
You may also like
Crypto prices
More
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now