Ondo Finance launches its permissionless yieldcoin USDY on Arbitrum

Erasmo Pekar
August 28, 2024

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Ondo’s USDY yieldcoin is now live on Arbitrum, offering 5.35% APY for non-US investors. USDY integrated with Camelot and Dolomite for trading, lending, and yield generation. USDY represents 17% of Arbitrum DAO’s treasury, boosting RWA adoption on-chain. Ondo Finance has launched its market-leading permissionless yieldcoin, USDY…
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