How Capa is Unlocking Onchain Savings with USDY in Latin America
In Latin America, saving in stable currencies like the US dollar is more than a preference—it's an economic necessity to protect against local currency volatility and inflation. Stablecoins have surged in popularity as a means of access to a global digital dollar, enabling millions to safeguard their wealth. But stablecoins alone aren’t enough anymore.
The next evolution is yieldcoins, a superior alternative that delivers stablecoin benefits: permissionless transactions, composability, and seamless transferability, with the added advantage of yield secured by short-term US Treasuries.
Now, through its integration with Ondo Finance's USDY on Solana, Capa is bringing this powerful new financial tool directly to users across Mexico.
What is Capa?
Capa is an intuitive crypto-fiat ramp built for simplicity and ease of access. Users can quickly transfer funds from their local bank accounts in Mexico into crypto wallets, connecting seamlessly to global liquidity.
Capa and USDY on Solana: A Powerful Integration
Capa’s integration of Ondo Finance’s USDY, the most widely-adopted yieldcoin backed by short-term US Treasuries, allows global, non-US, investors to get exposure to yield collateralized by short-term US Treasuries. USDY is also the largest tokenized treasury on Solana, with over $170m in TVL. In short, it provides direct access to a high-quality dollar savings solution. USDY behaves like an onchain savings asset, accruing yield daily without users needing to actively manage their assets. On Capa, users in Mexico can effortlessly onboard with pesos directly from their local banks and immediately benefit from US treasury-backed yield, all within their preferred wallets and without complex blockchain interactions.
Unlike traditional stablecoins, USDY doesn’t just preserve wealth—it actively grows it, offering daily compounding yields that are transparently secured by some of the world’s safest assets.
Why It Matters
With USDY now easily accessible through Capa on Solana, users across Latin America can:
- Protect against local currency inflation: Secure their savings in a US dollar-backed yieldcoin
- Earn daily yield automatically: Benefit from daily yield accrual without complex asset management
- Gain financial empowerment: Access global financial opportunities seamlessly from home
- Enjoy instant liquidity: Quickly and effortlessly cash out via Capa when needed
USDY + Capa + Solana: Built for Financial Freedom
USDY is supported on Solana, a blockchain known for its speed, scalability, and low-cost transactions, making it ideally suited for improving global access to traditional financial services. Together with Capa, USDY on Solana provides robust financial rails specifically designed for Latin America’s unique economic needs. This integration represents the future of decentralized finance, blending the benefits of yield, access, and frictionless transfers, and empowering users across Latin America to easily save, earn, and manage their money.