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Sei Integrates Ondo Finance’s USDY Tokenized Treasury Product, Boosting Institutional DeFi Appeal
Sei Integrates Ondo Finance’s USDY Tokenized Treasury Product, Boosting Institutional DeFi Appeal
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BTCCSquare news:
Sei Network takes a decisive step toward institutional DeFi adoption with the integration of ONDO Finance's USDY – a tokenized US Treasury Bill product representing over 32% of the tokenized treasury market. This strategic move positions Sei as a contender against heavyweight TradFi entrants like BlackRock's BUIDL and Franklin Templeton's BENJI.
The blockchain's TVL growth trajectory – now exceeding $670 million with an 821% year-over-year surge – gains further momentum as USDY eliminates fragmented protocol access for developers. Institutional-grade yield products now flow natively through Sei's infrastructure.
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