Ondo Finance’s Income-Generating Government Bond Stablecoin, USDY, Now Available on NAVI Protocol
USDY, the stablecoin offering income generation from government bonds launched by RWA protocol Ondo Finance, has recently been made available on the Sui ecosystem one-stop liquidity protocol, NAVI Protocol.
This addition presents users with multiple income sources, such as USDY income and lending interest. Furthermore, NAVI Protocol enables users to borrow USDY as collateral, improving capital efficiency while retaining USDY’s native income. This allows users to introduce the asset into the Sui DeFi ecosystem and benefit from platforms that support it.
This collaboration between Ondo Finance and NAVI Protocol aims to provide users with an enhanced DeFi experience by offering a diverse range of financial products and services.
