MANTRA launches RWA savings vault powered by Ondo’s USDY
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MANTRA, one of the world’s leading projects in the real world asset (RWA) tokenization sector of the digital assets industry, announced a major onchain product.
This landmark event will feature two of the biggest players in the RWA space building deep liquidity support for RWA tokenization, an area of decentralized finance (DeFi) that has seen significant institutional interest this year.
MANTRA will feature Ondo’s flagship interest-bearing tokenized note, USDY, as a genesis asset when its blockchain debuts, expected later this year.
USDY provides holders with exposure to short-term US Treasury yield while maintaining the utility of stablecoins.
(NOTE: USDY is not, and may not be, offered, sold or otherwise made available in the US or to US persons. USDY also has not been registered under the US Securities Act.)
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