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Circle acquired USYC issuer Hashnote for a total market capitalization of $1.30 billion. Circle also announced an agreement with DRW-owned cryptocurrency trading firm and market maker Cumberland to provide liquidity and facilitate settlement for USDC and USYC. The partnership aims to expand USYC as a form of collateral for exchanges and custody platforms.
RWA protocol Ondo Finance has announced the launch of its revenue-generating stablecoin USDY on the Plume Network, a modular Layer 1 blockchain built specifically for RWAfi.
On December 13th, Ondo launched an income-based stablecoin, USDY, on BounceBit, becoming the first real-world asset (RWA) backed by US Treasury bonds in its ecosystem. BounceBit's new CeDeFiV2 feature provides a yield-optimized USDY vault that users can access through a simplified vault interface.
RWA protocol Ondo Finance announced that its earnings stablecoin USDY has launched Arbitrum. In addition, the Arbitrum STEP committee decided to distribute 6 million ARBs (~ $3.16 million) from the Arbitrum DAO treasury to Ondo's USDY to support the development of Arbitrum's RWA.
Ondo posted that the earnings stablecoin USDY has been launched on the Noble mainnet, and USDY can be used by Injective, Osmosis, Kujira, and Pyth.
RWA protocol Ondo Finance has announced that its revenue stablecoin USDY can now be used as collateral on Drift Protocol, a Solana-based perpetual contract protocol, and users can also deposit and borrow USDY on Drift.
On June 14, Ondo tweeted that crypto payment platform Helio has now launched an update to its Solana Pay plugin, which supports Shopify merchants to accept cryptocurrency payments and settle stablecoins such as USDY in real-time exchange.
6月14日消息，Ondo发推表示加密支付平台Helio现已推出其Solana Pay插件更新，升级后的插件支持Shopify商户接受加密货币支付，并以实时兑换的方式结算USDY等稳定币。
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