TechFlow reported on October 17 that RWA protocol Ondo Finance announced on social media platform X that the total value locked (TVL) of its flagship yield-bearing stablecoin USDY on the Solana blockchain has surpassed $100 million, more than doubling over the past 30 days.
Ondo Finance stated that USDY has become the fourth-largest dollar-denominated store of value within the Solana ecosystem. The top three positions are all occupied by non-yielding stablecoins.




