Ondo Finance will stop minting USDY on Aptos and Noble on September 8, with a year-long exit window for larger holders.
- Ondo Finance is ceasing the minting of its USDY token on the Aptos and Noble blockchain networks, effective September 8th.
- Affected holders have a year-long window to migrate or redeem their USDY, with specific paths for larger and smaller holders.
- The move indicates a strategic consolidation of Ondo's network presence to focus on areas where USDY can deliver maximum value.
Topics: Asset types, Blockchain usage, Scalability, Financial instruments, Ethereum evm l 1 s, Market depth liquidity
Tags: #ondofinance #usdy #aptos #noble #ustreasuries #tokenization #blockchain #migration #exitwindow #institutionalgrade
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