Ondo Finance's revenue-generating treasury stablecoin USDY is now live on Aptos
The Aptos Foundation has announced the launch of Ondo Finance's income-based stablecoin stablecoin, Ondo US Dollar Yield (USDY), on the Aptos blockchain, according to Cointelegraph.
USDY is described as a financial instrument backed by U.S. Treasuries and is available to non-U.S. residents through the Aptos blockchain, and the digital asset has not yet been registered under the U.S. Securities Act.In its announcement, the Aptos Foundation noted that stablecoins have advantages in providing services to underserved communities and democratizing finance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
"The Big Short" Burry holds coins to cope with turbulent times: reduced portfolio risk exposure and closed December expiry Nvidia and Palantir put options.
On Wednesday, Burry stated that he is reducing risk across all positions and has closed out put options on Nvidia (NVDA.US) and Palantir (PLTR.US) expiring in December 2026, without rolling them over.
Singapore Index Fund NAV per unit stands at S$ 5.35 as of Sept. 10, 2026
Anabatic Technologies issues correction to August securities holders registration report
MSIG Life Indonesia releases transcript of 2026 incidental public expose Q&A
Crypto prices
More
