TechFlow News: Ondo Finance announced yesterday that its yield-bearing token $USDY has officially launched on Arbitrum.
USDY is now available on major DeFi protocols Camelot and Dolomite, offering yield and protection on stablecoin holdings to users worldwide (excluding the United States).
The launch of USDY was further supported by the Arbitrum DAO STEP committee’s decision to allocate 6 million ARB to invest in Ondo USDY, promoting real-world assets on Arbitrum.




