coin-img-ETHETH+0.33%coin-img-BTCBTC+0.73%coin-img-SOLSOL+0.47%coin-img-USDCUSDC-0.01%coin-img-XRPXRP-0.51%coin-img-TRXTRX-0.66%coin-img-BNBBNB+1.53%coin-img-GRAMTONGRAMTON+4.40%coin-img-ETHETH+0.33%coin-img-BTCBTC+0.73%coin-img-SOLSOL+0.47%coin-img-USDCUSDC-0.01%coin-img-XRPXRP-0.51%coin-img-TRXTRX-0.66%coin-img-BNBBNB+1.53%coin-img-GRAMTONGRAMTON+4.40%coin-img-ETHETH+0.33%coin-img-BTCBTC+0.73%coin-img-SOLSOL+0.47%coin-img-USDCUSDC-0.01%coin-img-XRPXRP-0.51%coin-img-TRXTRX-0.66%coin-img-BNBBNB+1.53%coin-img-GRAMTONGRAMTON+4.40%coin-img-ETHETH+0.33%coin-img-BTCBTC+0.73%coin-img-SOLSOL+0.47%coin-img-USDCUSDC-0.01%coin-img-XRPXRP-0.51%coin-img-TRXTRX-0.66%coin-img-BNBBNB+1.53%coin-img-GRAMTONGRAMTON+4.40%

Ondo Finance Brings Yield-Bearing USDY to BNB Chain

AI Market Summary
Ondo Finance expanded its yield-bearing USDY to BNB Chain, giving users access to daily-accruing yield backed by short-term U.S. Treasuries and bank deposits. Immediate availability via major rails (1inch, Ledger, TrustWallet, LayerZero) lowers integration friction and can support stablecoin/RWA activity on BNB Chain. The news is constructive for BNB Chain ecosystem usage and DeFi liquidity conditions.
Impact level
● Medium
Affected assets
BNB/USDT+1.84%
AI Insight · BNB/USDTAI Insight
▲ Bullish
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⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Ondo Finance has launched its yield-bearing note, $USDY, on the BNB Chain ecosystem, extending access to its daily-accruing yield product to the network's broad retail and autonomous user base. The yield is backed by short-term U.S. Treasuries and bank deposits. The deployment is available immediately through major infrastructure providers, including @1inch, @Ledger, @TrustWallet, and @LayerZero_Core.
BNB
BNB+1.56%
1INCH
1INCH+1.23%
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