PANews reported on May 12 that according to an announcement by Ondo Finance, TruBit, a leading crypto platform in Latin America, has launched support for its yield-based stablecoin USDY, providing users in the region with tokenized yield assets backed by U.S. debt for the first time. TruBit users in Mexico, Argentina, Brazil, Peru and Colombia can directly access USDY, achieving both the convenience and yield of stablecoins.