Ondo's revenue stablecoin USDY is launched on BounceBit
2024-12-13 05:19:48
On December 13th, Ondo launched an income-based stablecoin, USDY, on BounceBit, becoming the first real-world asset (RWA) backed by US Treasury bonds in its ecosystem. BounceBit's new CeDeFiV2 feature provides a yield-optimized USDY vault that users can access through a simplified vault interface.
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