USDY is Coming to the RWA-Focused Plume Network
Enabling an Ecosystem of Modular RWA Finance
Tokenized real-world assets (RWAs) have shown a clear promise within DeFi, but application into liquid environments has historically been a challenge for these diverse assets. Ondo has set the standard for liquid, composable RWAs with our tokenized US Treasuries products, and now we’re excited to introduce USDY to the Plume Network.
Plume is the first fully integrated modular layer-1 blockchain purpose-built for RWA finance (RWAfi), offering a composable, EVM-compatible environment optimized for onboarding and managing a broad array of RWAs, from tokenized real estate to private market products.
The integration of USDY will enable a new level of interoperability and utility for our tokenized treasuries products, as well as Plume’s ecosystem of RWAs, by introducing a fungible, yield-bearing asset backed by US Treasuries to the ecosystem.
An Economic Symbiosis: Liquidity -> Utility
USDY stands out in the RWA field as a highly flexible asset with deep liquidity across multiple chains and applications, whereas most RWA tokenization efforts involve generally illiquid assets lacking robust, composable markets.
Integrating USDY into Plume will allow users to tap into an RWA with reliable daily yield and deep liquidity while leveraging the unique opportunities within Plume’s diverse RWA landscape. Assets like tokenized real estate and property rights often face liquidity challenges, but USDY’s market depth and composability can provide a complementary base for transactions, collateralization, and settlement within Plume’s RWA ecosystem.
Plume’s modular design and dedicated focus on RWAs will enable seamless interoperability and enhanced utility for USDY. Through Plume’s integrated environment, USDY holders can gain exposure to innovative use cases such as RWA-backed lending, cross-asset trades, and sophisticated financial products built on tokenized infrastructure, while holders of these assets can find more liquid environments to utilize their assets.
Unlocking the Potential of Modular RWAfi
The integration of Ondo’s tokenized US Treasuries into the Plume Network marks a key step in our shared mission to bring RWAs into every corner of the blockchain ecosystem, and to bring blockchain to real-world asset markets. Together, Ondo and Plume are building a foundation for the RWAfi landscape—one that delivers liquidity and utility for a global user base, of both token holders and RWA issuers.
Upon mainnet, users will be able to explore the RWA economy on Plume Network with USDY as an underlying RWA-based, liquid currency, opening the door on a world of symbiotic assets. Stay tuned for the launch of Plume mainnet as we set out to write the next chapter of modular RWA finance.
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