Ondo US Dollar Yield

USDY

Treasury RWA
Ondo US Dollar Yield

Spot Price (USD)

via DexScreener

Price (last 7 days)

Overview

USDY is Ondo Finance's tokenized yield-bearing instrument backed by short-term US Treasuries and bank demand deposits. Unlike traditional stablecoins, USDY accrues yield daily — your token balance reflects accrued interest automatically. Issued by a bankruptcy-remote SPV and designed for non-US persons under Regulation S.

Highlights

  • Backed by short-duration US Treasuries and bank demand deposits
  • Yield accrues daily and is reflected in the token price
  • Issued by Ondo USDY LLC, a bankruptcy-remote special-purpose vehicle
  • Restricted from US persons under Regulation S

What is a tokenized real-world asset?

A tokenized real-world asset (RWA) represents ownership of an off-chain instrument — typically US Treasuries, money market funds, or credit products — wrapped into an on-chain token. Holders earn the underlying yield while keeping the liquidity and 24/7 transferability of a digital asset on Solana.

Details

SymbolUSDY
NameOndo US Dollar Yield
ClassTreasury RWA
RegionUS
IssuerOndo Finance
Yield bearingYes
Price sourceDexScreener
Mint