
Ondo US Dollar Yield
USDY--
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Ondo US Dollar Yield (USDY)
USDY is a tokenized product from Ondo Finance that provides yield from short-term US government securities. It combines dollar stability with yield, offering an alternative to non-yielding stablecoins.
USDY is backed by US Treasuries and bank demand deposits. It is part of the growing real-world asset tokenization ecosystem. Ondo is a leading RWA protocol.
Key Facts
- Symbol: USDY
- Type: Yield-bearing stablecoin / RWA
- Protocol: Ondo Finance
- Use cases: Dollar exposure with yield