đ **Ondo Finance Expands USDY to Arbitrum!** đ
Ondo Finance is bringing its USDY token to Arbitrum, an Ethereum layer-2 network. This move allows users to earn up to 5.35% APR on stablecoins like USDC. Each USDY token is backed by bank deposits and short-term treasury bills. đž
With $364 million in TVL, USDY is also available on eight other blockchains, including Ethereum and Solana. Ondoâs tokenized treasury products are booming, with market cap up 150% this year!
What do you think about tokenized treasuries? Share your thoughts below! đ