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Ondo

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Verified (Community)
Asset
RWA

About Ondo

Ondo Finance issues USDY on Stellar, a yield-bearing tokenized US-dollar token backed by short-term US Treasuries and bank deposits. Launched on Stellar in 2025, USDY provides an interest-accruing dollar asset (a yield-bearing alternative to fiat stablecoins) for onchain savings, treasury, collateral, and cross-border payment flows. Trades above $1 as yield accrues.

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