Ondo Finance announced that it will cease USDY issuance on the Aptos and Noble networks starting on the 8th (local time). Consequently, users of Osmosis and Mantra, who receive USDY via IBC from Noble, will also be affected. Holders of more than 1000 USDY can bridge their assets to other supported networks or directly redeem them at Net Asset Value (NAV) from Ondo until September 8, 2027.
