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: Activate the Elara upgrade to provide optional compliance screening and priority fee features for dedicated chains

2026-08-21 09:00

Arbitrum advances ZK settlement, L1 withdrawals are expected to be shortened from several days to several hours

2026-08-21 08:30

Robinhood Chain has been online for over a month, with total fee revenue reaching 5 million dollars

2026-08-18 11:11

Offchain Labs releases ZK technology progress: proof generation speed increased by 4000 times, Arbitrum will integrate a multi-prover architecture

2026-08-18 09:40

Related tags

Arbitrum Ondo Finance USDY

app_icon

ChainCatcher Building the Web3 world with innovations.