Ondo US Dollar Yield
(USDY)$ 1.076
0.5 % (24H)Ondo US Dollar Yield Data
Price Range (24H)
Lowest
$ 1.059
Highest
$ 1.078
ATH
$ 1.078
Price Change (24h)
0.5 %
Price Change (7d)
0 %
Market Cap
$ 189,419,000
24h Volume
$ 965,459
Circulating Supply
235,923,000
Max Supply
-1
Ondo US Dollar Yield Overview
USD Yield (USDY) by Ondo Finance is a unique tokenized note backed by US Treasuries and bank deposits, blending traditional financial security with digital innovation. Not available for sale or distribution in the U.S. or to U.S. persons, and not registered under the U.S. Securities Act of 1933, it functions as a bearer instrument with a variable yield starting at 5% APY. USDY, structured as senior secured debt of Ondo USDY LLC, is accessible without accreditation requirements, allowing daily minting or redeeming directly with Ondo. After a 40-50 day waiting period, these tokens can be transferred on-chain to qualifying non-U.S. investors, combining the stability of traditional assets with the flexibility of digital tokens while adhering to international regulations.