Ondo and LayerZero have launched a bridge for USDY on Solana, increasing its liquidity to over $500 million.
This bridge enhances access to investment in real-world assets for institutional users, aiming to foster greater DeFi adoption.
The collaboration marks the first connection between Solana and major Ethereum Virtual Machine chains, highlighting its significance for institutional engagement.
Experts predict that this advancement could lead to increased trust in decentralized financial solutions and drive new financial integrations.
Full story here: https://coincu.com/335452-ondo-usdy-solana-layerzero-bridge