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Ondo Finance has launched its yield-generating currency USDY on the Stellar blockchain today.
USDY is described as the primary yield-generating currency of Ondo and represents the company's expansion into real assets on the Stellar platform. The launch aims to provide access to yield across global economies through the international infrastructure of the Stellar network.
This publication connects traditional finance and blockchain-based solutions by bringing exposure to real assets into the Stellar ecosystem. Ondo Finance positions this step as part of efforts to broaden access to yield-generating opportunities worldwide.#XRP ETF Goes Live #BTC Reserve Market Impact #My Pick In RWA