Ondo U.S. Dollar Token
ProjectYield-bearing stablecoin backed by US Treasuries
bnb-chainethereumStablecoinsUSD StablecoinBNB Chain Ecosystem
About
Ondo U.S. Dollar Token (USDY) is a yield-bearing stablecoin issued by Ondo Finance, backed by short-term US Treasuries and bank deposits. It is designed to provide a regulated, on-chain representation of US dollar deposits that accrues interest over time. The token is available on multiple blockchain networks and offers a compliant way to earn yield on stable assets.
History
2024
May 14, 2024chain expansionmajor
USDY launches on Sui
Mar 26, 2024chain expansionmajor
USDY expands to Solana
Mar 19, 2024partnershipmajor
Ondo Finance partners with BlackRock for BUIDL integration
Feb 7, 2024chain expansionmajor
USDY deploys on Mantle Network
2023
Aug 3, 2023product launchmajor
Ondo Finance launches USDY (US Dollar Yield Token)
Jan 31, 2023product launchmajor
Ondo launches OUSG (Ondo Short-Term US Government Bond Fund)
