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Ondo Finance integrates LayerZero to achieve USDY multi-chain swaps

2024-11-27 03:04
Odaily News Ondo Finance has integrated LayerZero to enable the transfer of its tokenized U.S. Treasury products. Users can now access the Ondo Dollar Yield Token (USDY) "and its tokenized U.S. Treasury products" across multiple blockchain ecosystems without having to mint new tokens or exchange assets between chains. Ondo said that the USDY stablecoin is "now fully interchangeable between Ethereum, Mantle, and Arbitrum," and plans to add support for more networks soon. (Cointelegraph)