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Solana has taken a major leap in real-world asset (RWA) adoption by enabling seamless cross-chain movement of USDY, a yield-bearing token. The integration, powered by Ondo Finance and LayerZero, connects Solana to Ethereum, Arbitrum, and Mantle. This breakthrough enhances liquidity and DeFi strategies across multiple blockchains.
- Solana now supports cross-chain RWA transfers via USDY, connecting to Ethereum, Arbitrum, and Mantle through Ondo Finance's LayerZero-powered bridge.
- Ondo's Decentralized Verifier Network (DVN) eliminates third-party liquidity pools by using off-chain validation for secure, efficient asset transfers.
- The integration paves the way for future tokenized traditional assets, including U.S. equities, via Ondo's upcoming Global Markets platform.
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