Mantle Announces Ondo Finance Token As RWA Showcase Partner
- Mantle announced Ondo Finance’s $USDY token as a partner for RWAs.
- Ondo is leading the RWA space with a 50% share of the tokenized security market.
- Mantle anticipates using $USDY as collateral in lending protocols and “cash leg” in AMMs.
Earlier today, the Mantle Network published a blog announcing Ondo Finance’s USD Yield, $USDY as a showcase partner for Real World Assets (RWA). On Twitter, Mantle celebrated unlocking user access to U.S. Treasury yield directly via their Mantle wallets.
It's Official: Ondo Finance’s USD Yield ($USDY) is coming to Mantle
— Mantle (@0xMantle) September 12, 2023We're thrilled to announce @OndoFinance as a Showcase Partner for RWAs. For the first time, users will be able to access U.S. Treasury yield directly from their wallet on Mantle.https://t.co/BP9qF5sXtr pic.twitter.com/0ONf8Wv3HJ
According to Mantle, RWAs offer the “greatest potential to bring significant benefits for users.” Hence, serves as a “fantastic choice” for the Mantle Showcase, enabling seamless user experience accompanied by investor protections. Furthermore, Mantle Chief Alchemist Jordi Alexander shared:
$USDY truly is a game change…
The post Mantle Announces Ondo Finance Token As RWA Showcase Partner appeared first on Coin Edition.
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Mantle Announces Ondo Finance Token As RWA Showcase Partner
- Mantle announced Ondo Finance’s $USDY token as a partner for RWAs.
- Ondo is leading the RWA space with a 50% share of the tokenized security market.
- Mantle anticipates using $USDY as collateral in lending protocols and “cash leg” in AMMs.
Earlier today, the Mantle Network published a blog announcing Ondo Finance’s USD Yield, $USDY as a showcase partner for Real World Assets (RWA). On Twitter, Mantle celebrated unlocking user access to U.S. Treasury yield directly via their Mantle wallets.
It's Official: Ondo Finance’s USD Yield ($USDY) is coming to Mantle
— Mantle (@0xMantle) September 12, 2023
According to Mantle, RWAs offer the “greatest potential to bring significant benefits for users.” Hence, serves as a “fantastic choice” for the Mantle Showcase, enabling seamless user experience accompanied by investor protections. Furthermore, Mantle Chief Alchemist Jordi Alexander shared:
$USDY truly is a game change…
The post Mantle Announces Ondo Finance Token As RWA Showcase Partner appeared first on Coin Edition.
Read More