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Pyth Network: USDY/USD price oracle to be launched, supporting 65 blockchains

CointimeCointime2024/07/10 16:16
By:Cointime

Pyth Network announced on social media that it has partnered with Ondo Finance to launch the USDY/USD price oracle.USDY (US Dollar Yield) is a tokenized note launched by Ondo Finance, which provides a stable and profitable alternative backed by short-term US Treasury bonds. Applications on 65 blockchains including Aptos, Solana, Mantle, Sui, Drift, DePerp, Thala, and FlashTrade have already begun integrating the USDY/USD price oracle.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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