Pyth Network: Will launch USDY/USD price oracle, supporting 65 blockchains

ChainCatcher news, Pyth Network announced on social media that it has partnered with Ondo Finance to launch the USDY/USD price oracle.

It is reported that USDY (US Dollar Yield) is a tokenized note launched by Ondo Finance, backed by short-term U.S. Treasury bonds, providing a stable and yield-generating alternative. Applications on 65 blockchains such as Aptos, Solana, Mantle, and Sui, including Drift, DePerp, Thala, and FlashTrade, have already begun integrating the USDY/USD price oracle.