Ondo

World

Bank AI

Yield

Nathan Allman, the founder and CEO of the Real World Assets Protocol <a target="_blank" href="https://tokeninsight.com/en/coins/ondo-finance/overview" rel="noopener noreferrer nofollow">Ondo Finance</a>, announced on Twitter that Ondo Finance has officially launched USD Yield (USDY), tokenized notes collateralized with short-term U.S. Treasury bills and bank current deposits. This product is not available to U.S. users and institutions. 
USDY is an anonymous note that offers accessibility similar to stablecoins while providing variable yields to holders, with an annual interest rate starting from 5%. 
USDY represents a senior secured debt of Ondo USDY LLC, and individuals and institutions can use it on Ondo without any accreditation requirements. USDY can be minted or redeemed daily. After a waiting period of 40 to 50 days, the token can be transferred on-chain. 
&nbsp; 
<a target="_blank" href="https://tokeninsight.com/en/cryptocurrencies" rel="noopener noreferrer nofollow">TokenInsight</a> is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email <a href="mailto:news@tokeninsight.com" rel="noopener noreferrer nofollow">news@tokeninsight.com</a>. Your trust will be well respected.

Ondo Finance Launches Tokenized Notes Secured by U.S. Treasury and Bank Deposit

TokenInsight

2023年8月4日公開の他の記事

Cardano (ADA) Ecosystem Has Finally Arrived, ADA Community Activist Says

Shido Wallet v3 is a leading DeFi Application

Bomb Simulation for Ethereum from the Founder of Glassnode! Is the Direction Determined in ETH?

Markets Kick Off Session Bluntly as XDC Dominates

Ripple Vs SEC Ruling Under Scrutiny: Judge Torres to Reevaluate Verdict Amid Lingering Questions

In This Important Metric, Cardano Completely Outshines Ethereum

ニュースレターを購読して暗号資産の最新情報を毎日入手！