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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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Ondo Finance on-chain government bond Token USDY is about to officially log in to the Sei network.
BlockBeats news, on July 18, according to official news, the RWA tokenization platform Ondo Finance announced that its flagship product – the United States Dollar Yield (USDY) – will officially launch on the Sei network, becoming the first on-chain treasury asset deployed on this ultra-fast Layer 1 blockchain. USDY is currently deployed on multiple blockchains, with a TVL exceeding 680 million USD, offering an annualized yield of 4.25% (monthly updates), targeting individual and institutional investors globally (excluding the United States), combining the liquidity advantages of stablecoins with the high-grade investor protection mechanisms found in TradFi.