Solana Expands RWA Infrastructure: USDY Integration and LayerZero Bridge

Solana is making strides in developing its Real-World Asset (RWA) infrastructure, significantly expanding the possibilities for cross-chain movement of these assets. This latest development introduces USDY, a yield-bearing token with over $170 million in total value locked and extensive integration with various protocols. The introduction of Ondo Finance’s bridge leverages a Decentralized Verifier Network (DVN) to independently validate all cross-chain transactions, ensuring transparency and security for users.