Ondo Finance on-chain government bond Token USDY is about to officially log in to the Sei network.

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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.

ONDO4.2%
SEI4.8%
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