Ondo Finance launches USDY yieldcoin on Stellar network
USDY brings real-world yield opportunities to Stellar, expanding access to global financial markets.
Key Takeaways
- Ondo Finance has launched its USDY yieldcoin on the Stellar blockchain network.
- USDY is Ondo's flagship yieldcoin focused on real-world asset expansion.
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Ondo Finance launched its USDY yieldcoin on the Stellar blockchain network today.
USDY is described as Ondo’s flagship yieldcoin and represents the company’s expansion of real-world assets onto the Stellar platform. The launch aims to provide yield access across global economies through Stellar’s international network infrastructure.
The deployment connects traditional finance with blockchain-based solutions by bringing real-world asset exposure to Stellar’s ecosystem. Ondo Finance positions the move as part of efforts to broaden access to yield-generating opportunities worldwide.
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