Ondo Finance LBank Integration Expands USDY Access
Ondo Finance brings USDY and tokenized portfolios to LBank's 25 million users via direct exchange access.
Ondo Finance has made USDY and Ondo Intelligent Portfolios available directly on the LBank exchange to its 25 million registered users.
Scale and product details
USDY is a yield-bearing token backed by U.S. Treasuries. Intelligent Portfolios are baskets of tokenized U.S. stocks. The integration requires no separate brokerage accounts. Ondo reports over $3.5 billion in total value locked, with USDY at roughly $2.19 billion.
Remaining unknowns
No launch date or user uptake figures were stated. No new product or protocol change was disclosed.