According to BlockBeats news on May 3rd, Ondo has launched a bridge solution in collaboration with LayerZero to extend its USDY token, backed by US Treasury bonds, to the Solana network.

RWA.xyz data shows that six entities hold 88% of tokenized U.S. Treasury bonds, with BlackRock remaining the largest issuer, its BUIDL fund having a market capitalization of $2.5 billion, leading competitors by 360%. The top six funds include Franklin Templeton's BENJI, Superstate's USTB, Ondo's USDY, Circle's USYC, and Ondo's OUSG, with a combined market capitalization of over $3 billion.

Circle Internet Financial acquisition Hashnote, USYC tokenization real-world asset fund issuance. The transaction will help USYC become the primary broker and income-generating collateral for encryption exchange, and establish a partnership with DRW to expand its settlement capabilities in USDC and USYC. Circle plans to integrate USYC with USDC to provide seamless access. Hashnote's USDY is the largest tokenization currency fund by market capitalization, with a total lock-up position value of approximately $1.25 billion.

CoinWorld reported that recently, the SUI ecosystem released its 2024 annual summary, demonstrating its comprehensive rise in the field of Decentralized Finance (DeFi). The data shows that SUI's total value locked (TVL) rose from less than 250 million USD at the beginning of the year to 1.75 billion USD in December. At the same time, it completed over 7.5 billion transactions throughout the year and added four native stablecoins (USDC, AUSD, FDUSD, and USDY), significantly enhancing the Liquidity foundation within the ecosystem. In 2024, SUI launched several landmark products, including DeepBook V3, Sui Bridge, and Mysticeti. These innovations not only attracted traditional institutions such as VanEck and Franklin Templeton to follow, but also promoted user participation through DeepBook's on-chain order book and incentive mechanism. DeepBook

Golden Finance reported that two years after the launch of the Mainnet, Aptos has 27.7 million active Addresses and 1.7 billion historical transactions, including a record of processing 326 million transactions in a single day. In the third year, Aptos aims to promote infrastructure development, including integrating Stable Coins such as Tether and USDY into the Aptos ecosystem, and plans to accelerate use cases in the fields of payments, advertising, loyalty programs, and Decentralized Finance by providing financial solutions.

Golden Finance reported that Pyth Network announced on the X platform that it will release USDY/USD price information to over 65 blockchains, which is provided by Ondo Financ.

On June 22nd, Ondo, the RWA protocol, tweeted that institutional asset custodian Hex Trust has supported the custody of USDY and