Ondo

DeFi

Pyth Network

Coin

<ul class="news-points">
 <li>Ondo Finance partners with Pyth Network to integrate institutional assets into DeFi.</li>
 <li>USDY stablecoin expands reach across 65+ blockchains, enhancing DeFi liquidity.</li>
 <li>ONDO token surges 14% after Pyth partnership, offering stable, yield-generating opportunities.</li>
</ul>
Ondo Finance has partnered with Pyth Network to integrate institutional-grade assets into over 65 blockchain ecosystems. This strategic collaboration introduces a USDY/USD price feed, providing real-time data for Ondo’s yield-generating stablecoin, USDY. The integration aims to bridge traditional finance and decentralized finance (DeFi), potentially enhancing liquidity, security, and stability for DeFi applications.
This partnership expands USDY’s reach across multiple blockchains, including EVM, Solana, Aptos, and Sui, marking a significant step toward a more interconnected and efficient DeFi ecosystem.
The collaboration between Ondo Finance and Pyth Network represents a milestone for both traditional and decentralized finance sectors. By launching the USDY/USD price feed, smart contract developers gain access to accurate, real-time data, essential for the proper functioning of Ondo’s USDY token. T…
The post <a href="https://coinedition.com/how-ondo-finance-and-pyth-network-are-bringing-institutional-assets-to-defi/" rel="noopener noreferrer nofollow">How Ondo Finance and Pyth Network Are Bringing Institutional Assets to DeFi</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

How Ondo Finance and Pyth Network Are Bringing Institutional Assets to DeFi

Coin Edition

Andre artikler udgivet 12. jul. 2024

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