Ondo US Dollar Yield
usdy
#148
$1.08
-0.03% (1d)Market Cap
$680M
BTC Price
$0
FDV
$680M
Vol24h
$1.8M
Circulating Supply
627.9M usdy
Total Supply
-
Info
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Website
Website Whitepaper -
Community
-
Algorithm
-
Proof Type
-
Block Reward
0
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All Time High
$1.26
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ATL Date
03/27/2024
The current price of Ondo US Dollar Yield is $1.08 in USD. As of now, a total of 627.9M usdy are in circulation across the market. Ondo US Dollar Yield has experienced a price change of -0.03% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, Ondo US Dollar Yield trading volume on crypto exchanges has reached $1.8M.
Description
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.
usdy Markets
| # | Exchange | Pair |
|---|---|---|
| 1 |
Bybit
|
usdyUSDT |
usdy News
At this time, there are no updates to share. We will keep you informed as soon as there is any news
