Ondo Finance Launches USDY on Sei Network for Tokenized Treasury Access
Ondo Finance has deployed its United States Dollar Yield (USDY) product on the Sei Network, marking the first tokenized Treasury bill offering on this high-speed LAYER 1 blockchain. The move bridges traditional finance with decentralized ecosystems, providing non-U.S. users access to stable yields through blockchain infrastructure.
USDY delivers 4.25% APY by combining short-term U.S. Treasury exposure with bank demand deposits. Sei's parallel execution architecture and low-latency design position it as an ideal platform for scaling real-world asset tokenization. This integration expands DeFi's yield-generating capabilities while maintaining regulatory compliance.
The deployment signals growing institutional interest in blockchain-based financial instruments. Ondo's established track record in tokenized assets complements Sei's technical infrastructure, creating a symbiotic relationship between traditional yield products and decentralized finance applications.