Ondo's stablecoin USDY is now live on Arbitrum, supported by 6 million ARB

2024-08-28 12:51:08

ChainCatcher news, RWA protocol Ondo Finance announced that its yield stablecoin USDY has been launched on Arbitrum.

In addition, the Arbitrum STEP Committee has decided to allocate 6 million ARB (approximately 3.16 million USD) from the Arbitrum DAO treasury to Ondo's USDY to support the development of RWA on Arbitrum.

source

warnning

Risk warning

Related tags

Arbitrum Ondo Finance USDY

Related reading

Arbitrum Foundation launches security program: will subsidize smart contract audits for ecosystem projects

2026-09-29 00:43

Arbitrum replaces Timeboost with a per-transaction priority bidding mechanism

2026-09-24 23:21

Standard Chartered: It is expected that ARB will reach $10 by 2030, and Arbitrum's monthly revenue may reach $5 million

2026-09-20 07:23

Ondo's inheritance crisis escalates, founder's mother accused by daughter of dementia and alcoholism

2026-09-18 05:32

Related tags

Arbitrum Ondo Finance USDY

app_icon

ChainCatcher Building the Web3 world with innovations.