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Ondo Finance's On-Chain Government Bond Token USDY to Officially Launch on Sei Network

Summary: According to official sources, RWA tokenization platform Ondo Finance announced that its flagship product, the United States Dollar Yield (USDY), will officially go live on the Sei network, becoming the first on-chain government bond asset deployed on this high-speed Layer1 blockchain. USDY is currently deployed on multiple blockchains with a TVL exceeding $680 million, offering ...

According to official sources, RWA tokenization platform Ondo Finance announced that its flagship product, the United States Dollar Yield (USDY), will officially go live on the Sei network, becoming the first on-chain government bond asset deployed on this high-speed Layer1 blockchain. USDY is currently deployed on multiple blockchains with a TVL exceeding $680 million, offering an annualized yield of 4.25% (monthly updates) to global (excluding US) individual and institutional investors, combining stablecoin liquidity advantages with high-level investor protection mechanisms from traditional finance.

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Link: Ondo Finance's On-Chain Government Bond Token USDY to Officially Launch on Sei Network [Copy]

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