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Ondo Finance’s USDY Stablecoin Now Available as Collateral on Drift Protocol

Ondo Finance’s USDY Stablecoin Now Available as Collateral on Drift Protocol

CointimeCointime2024/06/18 15:43
By:Cointime

Ondo Finance, which uses the RWA agreement, announced that its income-based stablecoin USDY can now be used as collateral on the perpetual contract agreement Drift Protocol based on Solana. In addition, users can also deposit and borrow USDY on Drift.

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