According to Foresight News, the RWA protocol Ondo Finance announced that its yield stablecoin USDY has been listed on Arbitrum. In addition, the Arbitrum STEP Committee decided to allocate 6 million ARB (about 3.16 million US dollars) from the Arbitrum DAO treasury to Ondo's USDY to support the development of Arbitrum's RWA.
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Ondo’s stablecoin USDY is now available on Arbitrum, with 6 million ARBs supporting it
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ARB
0.5214
-6.90%
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