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news-imageDecember 10, 2024

Binance-Backed BounceBit Embraces Real-World Assets with USDY Integration

TL;DR BounceBit integrates USDY, Ondo Finance's stablecoin, into its CeDeFi V2 platform, offering yields backed by real-world assets. USDY provides a 4.65% APY and daily liquidity, allowing users to earn yields without intermediaries, and is especially attractive to non-U.S. investors.
Publisher: Crypto Economy
Sentiment: Positive
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