Ondo Finance’s USDY Stablecoin Now Available as Collateral on Drift Protocol
Ondo Finance, which uses the RWA agreement, announced that its income-based stablecoin USDY can now be used as collateral on the perpetual contract agreement Drift Protocol based on Solana. In addition, users can also deposit and borrow USDY on Drift.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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