Tokenised treasuries · #42 by market cap (snapshot)
Ondo US Dollar Yield
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Ondo US Dollar Yield (USDY) — USDY from Ondo Finance is a token backed by short-term US Treasuries and bank deposits that passes yield to holders.
🧩 What it is
USDY from Ondo Finance is a token backed by short-term US Treasuries and bank deposits that passes yield to holders.
⚡ Why it's interesting
It's a tokenised savings product that lives on-chain, part of the fast-growing real-world-assets trend.
⚠️ Key risks
It's not available to US persons and comes with legal restrictions. You depend on Ondo's structure and custodians, and interest rates set the yield.
👀 What to watch
rates, Ondo's disclosures and which chains and apps support it. Tokenised treasuries are growing fast, but they're still a new wrapper around old assets. Always check whether you're even eligible to hold it in your country.
Written by the Hodlia.fi editorial team. Education only — not financial advice, no price predictions. Contains a TradingView affiliate link.
Last 30 days
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❓ Ondo US Dollar Yield FAQ
What is Ondo US Dollar Yield (USDY)?
USDY from Ondo Finance is a token backed by short-term US Treasuries and bank deposits that passes yield to holders.
Why do people follow Ondo US Dollar Yield?
It's a tokenised savings product that lives on-chain, part of the fast-growing real-world-assets trend.
What are the main risks of Ondo US Dollar Yield?
It's not available to US persons and comes with legal restrictions. You depend on Ondo's structure and custodians, and interest rates set the yield.
What should I watch with Ondo US Dollar Yield?
rates, Ondo's disclosures and which chains and apps support it. Tokenised treasuries are growing fast, but they're still a new wrapper around old assets. Always check whether you're even eligible to hold it in your country.
Is Ondo US Dollar Yield a good investment?
Hodlia doesn't give investment advice. Whether Ondo US Dollar Yield fits you depends on your goals, time horizon and how much loss you can handle. Crypto prices can fall sharply and fast. Read the risks above, compare with a diversified alternative and consider independent advice.