Ondo Finance

Welcome to the Monthly Spotlight from Ondo Finance, where we delve into the latest developments from the forefront of real-world asset tokenization. This month, on its first anniversary, USDY surpassed $380M in TVL, growing to over 70 projects across 8 blockchains and cementing its place as the market-leading permissionless yieldcoin.

When we initially launched our OUSG token in January of 2023, it was the first time that investors were able to gain exposure to US Treasuries onchain. While we were thrilled to be able to bring this offering to clients, we also knew that we eventually wanted to enable instant,

We’re excited to announce that USDY, Ondo’s market-leading permissionless yieldcoin, is now available natively on Arbitrum for users and developers. This integration brings our tokenized US Treasuries product to one of the largest DeFi ecosystems, continuing Ondo’s momentum of expanding the utility and access of real-world assets

One year ago we launched USDY, US Dollar Yield token, the world’s first permissionless, yield-bearing tokenized note secured by US Treasuries. In that time, it has grown to become the world’s leading permissionless yieldcoin and achieved several significant milestones: 📈  350m+ TVL 🌐  7 Natively supported blockchains 🤝  70+ Ecosystem projects

From $0 to $1.6 billion in just over a year, the recent rise of tokenized government treasuries has brought this emerging tokenized asset class to the main stage of the digital asset space. Novel products introduce new factors across compliance, investor protection, transparency and a diversity of other considerations

In December of 2023, Ondo launched USDY on the Solana blockchain, offering users access to native USDY through a growing array of dApps in the Solana ecosystem. Since then, crypto payment platforms in the ecosystem have enabled merchants to accept payments in crypto assets, with real-time conversions settling payments in