What Is USDY? Ondo Finance’s Yield-Bearing Token on Stellar – Explained
If you use LOBSTR or spend any time in the Stellar ecosystem, you may have started seeing USDY pop up – in the swap section, in campaign notifications, in token lists. It looks like a stablecoin, it trades close to $1, but it is doing something most stablecoins do not: it is quietly earning yield…