According to official news, Ondo Finance's yield-based treasury bond stablecoin USDY has been launched on Sui's one-stop liquidity protocol NAVI Protocol, providing users with new opportunities to earn income from native tokenized RWA, including:
-Income and lending interest from USDY;
-Borrowing with USDY as collateral provides users with higher capital efficiency while retaining USDY native income exposure;
-Borrowing USDY on NAVI provides users with the opportunity to introduce this asset into the complex Sui DeFi ecosystem and take advantage of other platforms that support this asset.