Transforming DeFi: Ondo Finance and Pyth Network’s Innovative Partnership
Ondo Finance and Pyth Network have teamed up to integrate institutional assets across more than 65 blockchain ecosystems, with the aim of enhancing on-chain accessibility to traditional assets for smart contract developers and DeFi users. The partnership has resulted in the launch of the USDY/USD price feed by Pyth, which is now available across multiple blockchains, enabling developers to leverage real-time feeds for Ondo’s yieldcoin, USDY. This collaboration opens new opportunities for developers and projects to integrate institutional assets on-chain, thereby enhancing DeFi’s potential and creating a more composable and dynamic DeFi landscape.
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.
You may also like
Here’s How Much Bitcoin U.S. States Could Accumulate
NFTScan Joins Conduit Marketplace to Expand NFT Data Access Across 20+ Blockchains
Shibarium Daily Transactions Drop 99%: Details
US Officials Allegedly Don’t Know How Much Bitcoin They Hold – Here’s More Allegations of Mismanagement
It is alleged that US authorities do not know the amount of cryptocurrencies they have seized so far and obtained through forks.
Trending news
MoreCrypto prices
More
