Ondo's stablecoin USDY is now live on Arbitrum, supported by 6 million ARB
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.
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