Ondo Finance is jazzing up the crypto scene! đ· Their USDY stablecoin, now grooving across Ethereum, Mantle, and Arbitrum, offers a sweet 4.9% APR. Thanks to LayerZero's magic, users can seamlessly swing between blockchains without missing a beat.
With a $450M total value locked and backed by solid assets like bank deposits and Treasury bills, USDY is a serious contender against traditional stablecoins. Ondo's got its eye on more networks, so stay tuned!
Tokenized Treasurys are booming, with a market cap tripling in 2024. What do you think about this trend? Share your thoughts below! đŹ