🚀 Ondo Finance Expands USDY to Arbitrum! 🌐

- Ondo USDY: Yield Token, APR up to 5.35% on stablecoins like USDC.

- USDY backed by bank deposits and short-term bonds.

- USDY TVL reaches $364M, available on 8 blockchains, including Ethereum and Solana.

- Ondo also has OUSD - Short-term US Treasury Bonds.

📈 Bond tokenization is booming, with a projected $3B market cap by the end of 2024.

- Major products: Blackrock BUIDL ($509M) and Franklin FOBXX ($428M).

Arbitrum is accelerating in the tokenized RWA market, with Franklin Templeton expanding FOBXX to Arbitrum.

💬 What do you think about the potential of tokenizing real assets? Comment!