Ondo

Injective

DeFi

<h4><strong>This partnership brings the innovative tokenized treasury instrument, USDY, into the Injective ecosystem. </strong></h4> 
<p>It paves the way for new institutional and <a href="https://www.altcoinbuzz.io/?s=rwa+" target="_blank" rel="noopener">Real-World Asset (RWA)</a> use cases for $INJ. Let’s explore more about this important news for Injective.</p> 
<div class="flex flex-grow flex-col max-w-full"> 
 <div class="min-h-[20px] text-message flex w-full flex-col items-end gap-2 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto" dir="auto" data-message-author-role="assistant" data-message-id="479eaf21-2292-4f5f-a057-52c4f3d41606"> 
  <div class="flex w-full flex-col gap-1 empty:hidden first:pt-[3px]"> 
   <div class="markdown prose w-full break-words dark:prose-invert light"> 
    <h5><strong>USDY Integration Boosts Institutional and RWA Use Cases on Injective</strong></h5> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The integration of USDY into Injective offers a substantial boost to capital efficiency within the ecosystem. USDY, a tokenized treasury instrument, can now be utilized across a wide range of applications built on Injective. This development is particularly impactful for decentralized exchanges (DEXs) and money market platforms. It can leverage embedded tokenized treasury offerings to enhance its financial operations.</p> 
<p>The integration with <a href="https://x.com/OndoFinance" target="_blank" rel="noopener">Ondo Finance</a> is part of Injective’s broader strategy to bring traditional finance on-chain. By introducing tokenized treasury instruments like USDY, Injective continues to break down barriers between conventional financial systems and DeFi. This move is expected to attract more institutional participants to the Injective network.</p> 
<p><img decoding="async" class="wp-image-146284 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/dsfdsfdbgfdgfd-300x268.jpg" alt="" width="489" height="437" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/dsfdsfdbgfdgfd-300x268.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/dsfdsfdbgfdgfd.jpg 394w" sizes="(max-width: 489px) 100vw, 489px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/injective/status/1815381823007912347" target="_blank" rel="noopener">X</a></strong></h6> 
<p>Moreover, this partnership highlights Injective’s commitment to accelerating the adoption of tokenized assets. Injective is already at the forefront of this movement, being the pioneer of the world’s first RWA module.</p> 
<h5><strong>More About Injective</strong></h5> 
<p>Injective has reached a significant milestone by surpassing 800 million transactions on its platform. This achievement underscores the network’s growing popularity and robust performance in the DeFi space.</p> 
<p><img decoding="async" class="wp-image-146287 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/csdcdscdscsdcsdc-300x240.jpg" alt="" width="460" height="368" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/07/csdcdscdscsdcsdc-300x240.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2024/07/csdcdscdscsdcsdc.jpg 389w" sizes="(max-width: 460px) 100vw, 460px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/injective/status/1815048429719924933" target="_blank" rel="noopener">X</a></strong></h6> 
<p>By facilitating a high volume of transactions, INJ demonstrates its capability to handle large-scale activity efficiently, reflecting the trust and confidence users place in its infrastructure. This milestone is a testament to Injective’s commitment to providing a seamless and scalable solution for DeFi applications.</p> 
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="aligncenter wp-image-124240" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg" sizes="(max-width: 714px) 100vw, 714px" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-300x37.jpg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1024x127.jpg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-768x95.jpg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-696x86.jpg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1-1068x132.jpg 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-1.jpg 1197w" alt="Coins" width="714" height="88"></a></p> 
<div class="youtube-embed" data-video_id="6YBp3lSJZUA">
 <iframe title="This is the EXACT Date When Altcoin Bullrun will start! WHY?" width="696" height="392" src="https://www.youtube.com/embed/6YBp3lSJZUA?feature=oembed&amp;enablejsapi=1" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div> 
<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/ondo-finance-integrates-usdy-with-injective-ecosystem/">Ondo Finance Integrates USDY with Injective Ecosystem</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Ondo Finance Integrates USDY with Injective Ecosystem

Altcoin Buzz

Other articles published on Jul 23, 2024

BONS Casino: The Ultimate Casino Experience for Korean and Global Players

Market Maker Manipulation: How To Avoid It – Part 1

BlackRock Bitcoin ETF inflows surpass 'magnificent 7' stocks as trader eyes $88K

Bitcoin Up By 50% This Year, MicroStrategy Up Over 160%!

BlackRock Ethereum ETF Goes Live for Trading!

Binance’s latest 1.6M token burn – Enough to push BNB above $600?

Join our free newsletter for daily crypto updates!