Ondo Pushes USDY Deeper Into Solana DeFi

TL;DR Ondo Finance says its USDY tokenized yield product is expanding across Solana DeFi venues. USDY is a yield-bearing tokenized note backed by short-term US Treasuries and bank deposits, not a conventional $1 stablecoin. The expansion builds on Ondo’s wider effort to make tokenized real-world assets usable inside DeFi rather than leaving them as passive holdings. Ondo Finance is pushing its tokenized US dollar yield product further into the Solana ecosystem, adding more places where USDY can