Recently, blockchain technology pioneer Noble teamed up with Ondo to introduce the first native yield stablecoin USDY on the highly anticipated Cosmos network. What sets USDY apart is its backing by high-quality short-term US Treasury bonds and bank checking deposits, aiming to provide users with a low-risk, highly liquid financial tool. With this innovation, other DeFi projects like Injective and Osmosis plan to adopt USDY, further driving innovation and development in the decentralized finance space.