Solana Expands RWA Infrastructure With USDY Integration and LayerZero Bridge
By: crypto news flash|2025/05/03 02:15:01
0
Share
Solana’s integration with other blockchains enables seamless cross-chain movement of RWAs, marked by the introduction of USDY, a yield-bearing token with over $170 million in total value locked and extensive protocol integrations. Ondo Finance’s bridge introduces a Decentralized Verifier Network (DVN) that independently validates all cross-chain operations. In a major advancement for real-world asset (RWA) adoption, Solana’s ecosystem is now directly connected to leading Ethereum Virtual Machine (EVM) chains: Ethereum, Arbitrum, and Mantle. This was possible thanks to a newly launched bridge, powered by LayerZero and developed by Ondo Finance. Moreover, this integration represents a significant leap forward in the seamless movement of RWAs across blockchain environments. Solana Sees Major Advancement In RWA Space This has been further amplified by the issuance of a USDY a yield-bearing token issued by Ondo Finance. The token has already seen heavy usage on Solana with over $170m total value locked and more than 15 active protocol integrations. Previously, USDY was limited to the Solana network. However, now, it is able to move across different blockchains with high efficiency and without the need for any third-party liquidity pools. Here, LayerZero’s infrastructure is used for the bridging process, to burn and mint tokens on transfers, and so it does not rely on a capital reserve, thereby lowering the friction in asset mobility. In this launch , Ondo also debuts its custom-built Decentralized Verifier Network (DVN) which is a specialized verification layer for Ondo-issued tokens. The DVN independently validates all cross-chain mint and burn operations. This ensures that the total supply of USDY remains consistent and accurate across all networks. Unlike conventional bridging mechanisms, Ondo’s DVN incorporates various checks and authorizations that are performed off-chain, as highlighted in our previous report. Both Ondo’s system as well as a DVN for each transaction passing through the bridge get used. This layered approach is designed to reduce reliance on any single validator, improving system resilience and ensuring high integrity in asset transfers. Advantages For Solana Network Users & Ondo’s Future Outlook For Solana users, this connectivity unlocks access to decentralized finance strategies and liquidity opportunities that exist outside their ecosystem. From now on, investors and developers can take advantage of the yield-bearing benefits of USDY via Ethereum, Arbitrum, and Mantle protocols without relinquishing the security of the token. Design of the system enables USDY to be a high-efficiency settlement asset, comparable to traditional stablecoins used in cross-chain applications. With this milestone, Solana has further strengthened its place in the growing RWA market and further aligned it with the possibility of interoperability with institutional-grade financial products. The integration enables new forms of capital allocation and portfolio management strategies, particularly appealing to market participants seeking composable assets that can retain yield while moving freely across networks. Also, this bridge rollout is a foundation for broader use cases as Ondo partners with LayerZero. It’s designed to accommodate expansions on the infrastructure to include tokenized U.S. equities and government securities. Looking ahead, Ondo Finance is preparing for the launch of Ondo Global Markets, which will allow those tokenized U.S. equities on-chain with omnichain functionality. This next phase is for them to take the next step to further increase access to traditional financial instruments within decentralized environments while further integrating RWAs.
You may also like

Why does OKX want to start a new company with the parent company of the New York Stock Exchange?
ICE and OKX established OKXICE, symbolizing the relationship between traditional finance and the crypto market is transitioning from "tentative cooperation" to "infrastructure-level integration."

The interim executive director of the Ethereum Foundation speaks out: What is our mission?
"We are here to strengthen defenses against where Ethereum has already become or may become extractive, comprehensive, or susceptible to cartel or state control, or influenced by tools of surveillance or coercion from authoritarian regimes."

Standard Chartered Bank sings a 50x rhapsody again, aiming for AAVE to reach 3500 USD
The throne of DeFi lending still exists, but the foundation beneath the throne needs to undergo a reconstruction or reinforcement.

Tidal Investment: We still have a positive outlook on the AI industry chain, but the reasons have changed
The intense financing by tech giants has triggered a panic of "AI peak," but the soaring capital expenditures of the five major cloud vendors and the bottlenecks in physical infrastructure indicate that the AI investment cycle is far from over; the second half of this grand performance has just begu...

Former SpaceX engineer reconstructs the financial execution system using first principles
Plan Execution Lab completes angel round financing for Singapore family office, with a valuation of 50 million USD.

Why Is PAXG Price Different From Gold? 5 Reasons Crypto Traders Should Know
Why is PAXG different from gold? Learn the 5 key reasons PAXG and XAUT prices can trade above or below spot gold, including liquidity, funding rates, futures basis, and weekend trading effects.

The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough
The awareness level of the audience in the cryptocurrency industry—including media, institutions, and retail investors—is steadily increasing, and this trend has become a foregone conclusion.

WEEX OpenAPI 101: 5 Powerful Modules, AI Trading Tools, and Grab Up to 70% Revenue Opportunities
Learn how WEEX OpenAPI connects traders, developers, AI agents, and trading platforms. Discover WEEX API features, Binance-compatible integration, automated trading workflows, revenue opportunities, and ecosystem possibilities.

Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies
Overview of Important Market Events on June 24

Interpreting the Ethereum Foundation's new structure: Reaffirming self-sovereignty amid institutional trends
The Ethereum Foundation has announced a new five-layer working framework, clarifying the focus of future development and reaffirming its commitment to decentralized core values amidst the wave of institutionalization.

Interview with NDV Founder Jason Huang: Popping the AI Bubble and the Myth of Microstrategy, Seeking the Ultimate Ace in the Crypto Market
Exclusive Interview with NDV Founder Jason Huang: MicroStrategy's coin selling triggered a stampede, BTC has fallen into a liquidity squeeze, and the current market has not yet bottomed out, patiently waiting for a "FTX-level" iconic panic event to clear.

Morning Report | Former Ethereum Foundation researcher establishes Ethlabs; EU Parliament Economic Committee passes digital euro regulatory proposal
Overview of Important Market Events on June 23

Dragonfly partner Haseeb: The fastest-growing companies in the future may all be stuck at 149 people
The pricing of large models is actually an "AI tax": it shackles large enterprises with computing power constraints, slows down automation, but turns subscriptions into a subsidy for small teams' innovative dividends. By capping the scale at under 149 people, startups can continuously experiment wit...

How xBubble Breaks the Deadlock in VC's Heavy Investment in the OPC Economy
DAPPOS launched xBubble, using the innovative model of "SOP is business" to solve the challenges of implementing AI Coding, allowing OPCs who do not understand technology to create a real business closed loop with zero threshold.

The encrypted unicorn Blockstream is deeply embroiled in a serious fraud case
As a mining note product aimed at investors, it inherently carries significant risks. This leaves considerable room for further explanation regarding BMN's actual scale, use of funds, sources of income, and governance disclosures.

Morning Report | The South Korean Financial Services Commission plans to expand the regulatory sandbox to include virtual assets; the parent company of the New York Stock Exchange, ICE, has reached a partnership with OKX to jointly establish a cryptocu...
Overview of Important Market Events on June 22

Exclusive Interview with Strategy CEO: Putting Aside the Sale of 32 BTC, the 60 Trillion AI Intelligence is the Ultimate Fate of Bitcoin
Strategy CEO responds for the first time to the controversy over the sale of 32 bitcoins: testing internal processes and breaking the "death spiral" rhetoric, maintaining long-term holding faith, and revealing how the 60 trillion AI intelligence will reshape the bitcoin trading landscape.

TRON revitalizes the image of the bull, creating a more approachable brand character
From Logo to BoNiu, TRON further enhances its brand visual assets.
Why does OKX want to start a new company with the parent company of the New York Stock Exchange?
ICE and OKX established OKXICE, symbolizing the relationship between traditional finance and the crypto market is transitioning from "tentative cooperation" to "infrastructure-level integration."
The interim executive director of the Ethereum Foundation speaks out: What is our mission?
"We are here to strengthen defenses against where Ethereum has already become or may become extractive, comprehensive, or susceptible to cartel or state control, or influenced by tools of surveillance or coercion from authoritarian regimes."
Standard Chartered Bank sings a 50x rhapsody again, aiming for AAVE to reach 3500 USD
The throne of DeFi lending still exists, but the foundation beneath the throne needs to undergo a reconstruction or reinforcement.
Tidal Investment: We still have a positive outlook on the AI industry chain, but the reasons have changed
The intense financing by tech giants has triggered a panic of "AI peak," but the soaring capital expenditures of the five major cloud vendors and the bottlenecks in physical infrastructure indicate that the AI investment cycle is far from over; the second half of this grand performance has just begu...
Former SpaceX engineer reconstructs the financial execution system using first principles
Plan Execution Lab completes angel round financing for Singapore family office, with a valuation of 50 million USD.
Why Is PAXG Price Different From Gold? 5 Reasons Crypto Traders Should Know
Why is PAXG different from gold? Learn the 5 key reasons PAXG and XAUT prices can trade above or below spot gold, including liquidity, funding rates, futures basis, and weekend trading effects.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
