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USDY, a national debt token on the Ondo Finance chain, is about to officially land on the Sei network

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2025-07-18 03:42:38
According to official news, RWA tokenization platform Ondo Finance announced that its flagship product, the US Dollar Income Token UnitedStatesDollarYield (USDY), will be officially launched on the Sei network, becoming the first on-chain Treasury asset deployed on the ultra-fast Layer1 blockchain. USDY is currently deployed on multiple blockchains, TVL exceeds $680 million, offers an annualized yield of 4.25% (monthly update), and is available to individual and institutional investors worldwide (excluding the US). Combining the liquidity advantages of stablecoins with the high-level investor protection mechanism in traditional finance.
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