RWA protocol Ondo Finance will expand its flagship product USDY to the Sui network
2024/02/07 14:14
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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.
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