Solana is enhancing its Real-World Asset (RWA) infrastructure through the integration of USDY and the implementation of the LayerZero bridge.

Solana’s collaboration with various blockchains allows for smooth cross-chain transfers of real-world assets (RWAs), highlighted by the launch of USDY, a yield-generating token boasting over $170 million in total locked value and numerous protocol connections. Ondo Finance has introduced a Decentralized Verifier Network (DVN) that autonomously verifies all cross-chain activities. In a significant step forward for the acceptance of RWAs, Solana’s network is now directly linked to major Ethereum Virtual Machine (EVM) chains including Ethereum, Arbitrum, and Mantle. This was made feasible by a newly established bridge, which is powered by LayerZero and created by Ondo Finance. In addition, this integration marks a considerable progress in the smooth transfer of Real-World Assets (RWAs) across different blockchain platforms. Solana Experiences Notable Progress in the RWA Sector. This has been further enhanced by the release of USDY, a yield-generating token introduced by Ondo Finance. The token has experienced significant adoption on Solana, boasting over $170 million in total value locked and over 15 active protocol integrations. Previously, USDY was exclusively available on the Solana network. Now, it can seamlessly operate across various blockchains efficiently, without relying on any third-party liquidity pools. LayerZero’s infrastructure facilitates the bridging process by allowing tokens to be burned and minted during transfers, eliminating the need for a capital reserve and thus enhancing asset mobility. Additionally, Ondo is introducing its custom Decentralized Verifier Network (DVN), which serves as a dedicated verification layer for tokens issued by Ondo. The DVN conducts independent verification of all minting and burning operations across different blockchains.