The company announced the launch of the industry’s first institutional-grade bridge. This bridge connects Solana directly to major EVM chains, including Ethereum, Arbitrum, and Mantle.
This bridge from Ondo Finance is backed by LayerZero’s infrastructure and powered by Ondo’s Decentralized Verifier Network (DVN). The bridge offers unmatched security and flexibility for USDY holders looking to move assets between ecosystems.
USDY Goes Omnichain: No More Silos
Until now, Solana’s booming DeFi ecosystem— with over $170 million in Total Value Locked (TVL) in USDY—was largely isolated. Ondo’s new bridge changes this, enabling seamless cross-chain access. By making USDY fully mobile across Solana and leading EVM chains, users can now deploy capital wherever the best yield or opportunity appears. This is possible without the friction or risks of traditional bridges.
USDY, Ondo’s yield-bearing stablecoin backed by short-term U.S. Treasuries, has quickly gained traction. With over 15 integrations and thousands of users already on Solana, the demand for cross-chain access was growing fast. The bridge now enables instant, 1:1 transfers via a burn-and-mint mechanism. This eliminates the need for liquidity pools or overcollateralized reserves. That means no slippage, no third-party counterparty risks, and no idle capital sitting on the sidelines.
1/ A new era for RWAs begins on @Solana.
Today, we’re expanding our first-of-its-kind bridging solution for tokenized real-world assets to Solana.
Now, USDY, the world’s leading tokenized treasuries asset, can seamlessly move between EVM and Solana ecosystems via… pic.twitter.com/gokyBtfciH
— Ondo Finance (@OndoFinance) May 1, 2025
This upgrade comes as RWAs, like tokenized bonds and real estate, are gaining steam. According to Galaxy Digital, the tokenized RWA market could grow to $16 trillion by 2030. Ondo’s bridge gives USDY a head start. It positions USDY as a serious contender alongside stablecoins in use cases like lending, trading, and settlement.
Ondo’s new bridge isn’t just about moving assets. It’s about reshaping how and where capital flows in crypto. By meeting institutional-grade security standards, Ondo is solving long-standing challenges in cross-chain liquidity. This is helping unlock the full potential of RWAs in a truly interoperable world.
More About Ondo Finance
The tokenized treasuries market is rapidly expanding, and Ondo Finance is leading the charge with two innovative products. USDY has become the most widely held yieldcoin, offering users a secure and flexible way to earn yield.
The tokenized treasuries market continues to expand—and Ondo is at the forefront with two products.
USDY is the most widely held yieldcoin, and OUSG offers market-leading instant liquidity—together unlocking global, 24/7 access to US treasuries yield.
The future of capital… https://t.co/8PkuPUu1GK
— Ondo Finance (@OndoFinance) April 25, 2025
Meanwhile, OUSG provides market-leading instant liquidity, enabling users to access US treasuries yield seamlessly. Together, these products unlock global, 24/7 access to US treasuries yield. This makes it easier for both institutional and individual investors to tap into this lucrative asset class with enhanced efficiency and security.
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The post Ondo Finance & LayerZero Launch Ethereum-Solana Bridge appeared first on Altcoin Buzz.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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