@OndoFinance’s USDY is the world’s first freely tradable, daily yield-bearing stablecoin, backed by U.S. Treasuries. Already live on Solana, USDY is now transferable via Stargate.
With over $500M in circulation and active routes on Ethereum, Mantle, and Arbitrum, USDY is now fully interoperable between four ecosystems.
USDe from @ethena_labs is now live on @ton_blockchain.
In just over a year, USDe has expanded to 20+ chains. Powered by @LayerZero_Core's OFT standard, USDe has become one of DeFi’s most accessible, Omnichain, yield-bearing stablecoins.
Now, Ethena partners with TON with plans to bring USDe to the billion strong global user base on @telegram.
Transfer directly via Stargate at a 1:1 rate, with no slippage.
Flare has activated incentives for USD₮0: ・LP in pools on @SparkDexAI ・Supply & borrow on @Kinetic_Markets ・Farm in two new Pools on @enosys_global
If you're holding an existing deployment of USDT on Flare, you can migrate it to the new USD₮0 in a few steps. For more details, see the attached post from Flare:
The Omnichain is expanding. Hydra is how ecosystems connect to it.
Stargate’s Hydra solution provides chains with a canonical bridge, unifying ecosystems under a composable liquidity layer with compliant-standard, interoperable assets from day 0.
The DeFi super app, built on its own chain, Glue is now connected to the Omnichain - powered by Stargate.
With access to over 30 chains and connection into Stargate's unified liquidity layer, Glue now supports unlimited inbound transfers of pre-native, compliant-standard stablecoins like USDC, USDT, and WETH.