Hassan Maishera
The Pyth Network announced via X on Wednesday that the USDY/USD price feed is now available to users. Ondo Finance’s US Dollar Yield (USDY) asset is a tokenized note secured by short-term US treasuries. $USDY offers a stable, yield-generating alternative to traditional stablecoins, blending the benefits of on-chain finance with the reliability of traditional assets.
Thanks to this latest development, the Pyth USDY/USD price feed is now available on more than 65 blockchains.
Pyth Network is an innovative decentralized oracle that sources financial market data from over 90 first-party publishers, including major exchanges and market-making firms worldwide. PYTH is down by 3% in the last 24 hours and is currently trading at $0.2994 per coin.
