Ondo Finance, a leader in institutional-grade on-chain finance, is excited to announce the launch of USD Yield (USDY), the world’s first tokenized note secured by US Treasuries and bank deposits. USDY provides similar accessibility and utility as stablecoins while paying token holders a yield—5% APY at launch—and offering significantly enhanced investor protections. The debut of […]
Defactor Labs, a trailblazing DeFi lending platform for small and medium-sized enterprises (SMEs), proudly announces the launch of tokenizing $100 million worth of Alpha Bonds, using the ERC3643 token standard to enforce compliance on the Polygon Network, to lend capital to SMEs using real-world assets (e.g., receivables) as collateral. SMEs are often subject to the […]
Ondo Finance announces the launch of a tokenized fund allowing stablecoin holders globally to invest in bonds and US Treasuries. The fund seeks to close the widening gap between on-chain and off-chain yields, a potentially attractive opportunity for investors holding more than $100 billion in stablecoins, which they currently receive no yield on. Today, crypto investors have a relatively unattractive set […]
