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USDY

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Asset
Stablecoin
RWA

About USDY

USDY (Ondo US Dollar Yield) is Ondo Finance's yield-bearing tokenized US-dollar asset, backed by short-term US Treasuries and bank deposits, issued natively on Stellar (issuer GAJMPX…DAZ6, published in ondo.finance's stellar.toml with attestation of reserve and redemption via app.ondo.finance). Unlike a payment stablecoin its price appreciates as yield accrues to holders. Also issued on Ethereum, Solana and other networks.

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