USDY token available on the Injective blockchain!

SorokinIllia
1 min readNov 25, 2023

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Tokenized U.S. Treasury bonds from Ondo Finance are now available on the Injective blockchain!

For the first time ever, Injective users can purchase tokenized U.S. Treasury bonds in the form of the USD Yield “USDY” token from Ondo Finance.
Users will have the option to connect USDY from the main Ethereum network to Injective via the Injective Hub or obtain the tokens via the many proprietary dApps built on Injective, such as Helix. Users in the Cosmos ecosystem can access this form of non-speculative income for the first time, while benefiting from institutional-grade USDY structural and operational protection.

This integration marks a key milestone in making traditional financial instruments available in the DeFi ecosystem. Injective continues to pave the way to truly connect traditional finance with the world of blockchain.

Every day Injective confirms its status as the best blockchain for finance and it couldn’t be more excited! Injective is growing!

More information about $USDY can be found on the official website: https://ondo.finance/usdy?ref=blog.ondo.finance.

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