CandleFocus Ondo Finance and BiLira Kripto Partnership Brings Tokenized Yield to Turkish Investors
2024-10-03
Author: Content Editor
Turkish crypto exchange BiLira Kripto has integrated Ondo Finance's USDY token into its platform to offer users enhanced yield on tokenized US investments. BiLira Kripto is a major blockchain company in Turkey and offers various products including an exchange, stablecoin, and fiat integration solution. This integration marks the first time that USDY, a permissionless yield token, is available on a Turkish exchange, providing access to tokenized US treasuries for over 10 million Turkish cryptocurrency users. Users can start earning a 5.05% annual percentage yield (APY) on USDY backed by US Treasuries through the BiLira Kripto app and website. This integration expands access to global crypto markets in Turkey and empowers Turkish investors with a new financial tool.
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