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Ondo Finance’s yield-bearing USDY stablecoin goes live on Stellar

Crypto News•Thursday, September 18, 2025 at 6:56:46 AM
PositiveCryptocurrency
Ondo Finance’s yield-bearing USDY stablecoin goes live on Stellar
Ondo Finance has made a significant move by launching USDY, a yield-bearing stablecoin backed by U.S. Treasuries and bank deposits, on the Stellar network. This is a groundbreaking development as it introduces the first product of its kind for Stellar users, potentially enhancing their investment options and providing a new way to earn yields on their assets. This launch not only showcases Ondo Finance's innovation in the crypto space but also highlights the growing integration of traditional finance with blockchain technology.
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