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<p><strong>Key Points:</strong></p>   
<ul class="wp-block-list">
  
 <li><em>BounceBit CeDeFi V2 integrates Ondo Finance's USDY as the first treasury-backed real-world asset (RWA) in the platform.</em></li>   
 <li><em>USDY, backed by U.S. Treasuries, manages over $450 million in total value locked (TVL) across multiple blockchains.</em></li> 
</ul>   
<h5 class="wp-block-heading">BounceBit, a leading CeDeFi infrastructure with backing from Binance, has just <a href="https://x.com/bounce_bit/status/1866498336930607472" target="_blank" rel="noreferrer noopener">announced</a> that its platform is integrating USDY, the US Dollar Yield stablecoin offered by Ondo Finance.</h5>   
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<p class="has-background" style="background-color:#222222">Read more: <a href="https://coincu.com/292402-gary-gensler-resignation-likely-before-trump/" target="_blank" rel="noreferrer noopener"></a><a href="https://coincu.com/295287-new-sec-chair-appointed-by-donald-trump/"></a><a href="https://coincu.com/294996-bitcoin-miner-mara-expands-mining/"></a><a href="https://coincu.com/259626-bouncebit-review-binance-megadrop-btc-restaking/"></a><a href="https://coincu.com/wp-admin/post.php?post=259626&amp;action=edit">BounceBit Review: The First Bitcoin Restaking project on Binance Megadrop</a>&nbsp;</p>   
<h2 class="wp-block-heading" id="bouncebit-cedefi-v2-integrates-usdy-for-treasury-backed-stablecoin-rewards">BounceBit CeDeFi V2 Integrates USDY for Treasury-Backed Stablecoin Rewards</h2>   
<p>The development brings the first treasury-backed real-world asset to the BounceBit ecosystem- a significant milestone in the journey toward convergence between traditional finance and decentralized innovation.</p>   
<p>USDY is a flagship product of Ondo Finance, representing a bankruptcy-remote portfolio of U.S. Treasuries. For non-U.S. investors, this is an avenue to access high-quality USD-denominated yields with the convenience of a stablecoin. Currently hosting more than $450 million in total value locked across chains, the token boasts a highly competitive 4.65% APY.</p>   
<p><a href="https://coincu.com/291657-bouncebit-launches-cedefi-v2-platform/" target="_blank" rel="noreferrer noopener">BounceBit CeDeFi V2 </a>introduces an independent USDY vault. The development makes the platform even more appealing since users are able to gain treasury-backed stablecoin rewards inside a compliant, regulated framework.</p>   
<h2 class="wp-block-heading" id="new-yield-strategies-and-features-enhance-bouncebit-platform-flexibility">New Yield Strategies and Features Enhance BounceBit Platform Flexibility</h2>   
<p>The CeDeFi V2 upgrade also brings multi-chain support for <a href="https://coincu.com/295482-ethereum-validators-500-m-loss-if-uniswap-exits/" target="_blank" rel="noreferrer noopener">Ethereum</a>, Binance Coin, Solana, and <a href="https://coincu.com/296225-479m-spot-bitcoin-etf-inflows-eight-day-streak/" target="_blank" rel="noreferrer noopener">Bitcoin</a>, allowing users to avoid bridging funds through BounceBit's chain.</p>   
<p>BounceBit CeDeFi V2, since its launch on November 12, has <a href="https://x.com/bounce_bit/status/1856260169396826610" target="_blank" rel="noreferrer noopener">witnessed</a> a significant uptick in activity with a two-fold increase in platform inflow amounting to $20 million.</p>   
<p>New features to come with the new upgrade include the Auto, Fixed and Manual yield strategy options, increased APY rewards, and improved user flexibility. Thereby, over $10 million was bridged into the platform in the first hour of the delivery of the upgrade.</p>   
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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</figure>  <a href="https://coincu.com/?p=296349">Read original article on coincu.com</a>

BounceBit CeDeFi V2 Now Integrates Ondo Finance’s USDY As First RWA Asset

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