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About Ondo US Dollar Yield
Ondo US Dollar Yield (USDY) is a tokenized note secured by short-term US Treasuries and bank demand deposits. It is a senior secured debt instrument designed to provide holders with yield derived from real-world assets (RWA) while maintaining parity with the US dollar. USDY bridges traditional financial yield into the decentralized finance ecosystem, offering a yield-bearing alternative to traditional stablecoins across multiple blockchain networks, including Ethereum, Solana, Mantle, Sui, and Arbitrum.
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