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Coin Edition 2024-07-12 16:30:00

How Ondo Finance and Pyth Network Are Bringing Institutional Assets to DeFi

Ondo Finance has partnered with Pyth Network to integrate institutional-grade assets into over 65 blockchain ecosystems. This strategic collaboration introduces a USDY/USD price feed, providing real-time data for Ondo’s yield-generating stablecoin, USDY. The integration aims to bridge traditional finance and decentralized finance (DeFi), potentially enhancing liquidity, security, and stability for DeFi applications. This partnership expands The post How Ondo Finance and Pyth Network Are Bringing Institutional Assets to DeFi appeared first on Coin Edition .

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