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#42
USDY
Ondo US Dollar Yield Token
USDY$1.1463Up 0.02 percent($0.00)
Key Stats
Market Cap$2.24BUp 0.02 percent
Volume (24h)$3.94M
Fully Diluted Value$2.24B
Vol/Mkt Cap (24h)0.18%
Total Supply1.95B USDY
Max Supply∞
Circulating Supply1.95B USDY
Launch Date2023-08-03
Built OnETH
Token StandardERC20
Smart Contract Address0x96f6…985c
Decimal Places18
Ondo US Dollar Yield Token Information
Ondo US Dollar Yield Token Price Converter
USD
Latest Ondo US Dollar Yield Token News
View allOndo US Dollar Yield Token Markets
View all| Instrument | Exchange | Benchmark Data | Price | 24h Change |
|---|---|---|---|---|
USDY-USDT USDY_USDT | A | 1.15USDT | 0.06% | |
USDY-USDT USDYUSDT | A | 1.15USDT | -0.01% | |
USDY-USDT usdy_usdt | C | 1.15USDT | -0.03% |
Ondo US Dollar Yield Token Supported Platforms
View all| Trading As | Token Standard | Built On | Smart Contract Address | Launch Date |
|---|---|---|---|---|
| USDY | ERC20 | ETH | 0x96f6ef951840721adbf46ac996b59e0235cb985c | 2023-09-18 |
About Ondo US Dollar Yield Token
USD Yield (USDY) by Ondo Finance is a unique tokenized note backed by US Treasuries and bank deposits, blending traditional financial security with digital innovation. Not available for sale or distribution in the U.S. or to U.S. persons, and not registered under the U.S. Securities Act of 1933, it functions as a bearer instrument with a variable yield starting at 5% APY. USDY, structured as senior secured debt of Ondo USDY LLC, is accessible without accreditation requirements, allowing daily minting or redeeming directly with Ondo. After a 40-50 day waiting period, these tokens can be transferred on-chain to qualifying non-U.S. investors, combining the stability of traditional assets with the flexibility of digital tokens while adhering to international regulations.