PANews|9月 05, 2026 00:12
[Ondo Finance to Cease USDY Minting on Aptos and Noble Starting September 8]
Ondo Finance announced that starting September 8, it will cease minting USDY on the Aptos and Noble networks. USDY on other supported networks will remain unaffected. Since USDY on Osmosis and Mantra is bridged from Noble via IBC, related holders will also be impacted. Throughout this process, USDY will remain fully backed by reserves, and all affected holders will have complete migration or exit options. Holders of 1,000 USDY or more can bridge to other supported networks or redeem directly at net asset value through Ondo, with the redemption window open until September 8, 2027.
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