Asset

Issuer

Asset Type

Asset Classes

Ondo US Dollar Yield Token

Issuer Ondo Finance

Regulation Continuous Reg S Compliant Offering

Location Miami, FL, USA

Metrics

Price $ 1.0722

Assets Under Management $ 450,230,000

As of Dec. 22, 2024

Description

USDY is a tokenized note issued by Ondo Finance as an ERC-20 token on Ethereum blockchain and secured by short-term United States Treasuries and bank demand deposits.

USDY holders receive yield generated from the underlying assets in the form of increasing redemption value (accumulating token)..

Three ways exist to deposit funds: fiat money via wire transfer, USDC or USDT stablecoins. The process of issuance of USDY is only completed after 40-50 days, when investors are allowed to mint their tokens. After this period, investors have all usages of their tokens: transfers to anyone within eligible geographies, decentralized finance applications.

Smart Contracts

Olphntmvpcfnkfwsjtgyfaky

Arbitrum Arbitrum

ERC-20

896192676767475756046165906163733321191599

Qojduvwrkrqlqfswmyeohubj

Aptos Aptos

Object

857873633767286180393059852840536005276985

Lgfsszbuhcyoduqhqbbbte

Sui Sui

Coin

619998874307217419969603870821522100116464

Grbtgslwbccubwbrutloub

Solana Solana

SPL Token

774373733450165367634804531668834134324218

Nguqrbxaiqftggpkqxdbrveqhd

Mantle Mantle

ERC-20

387690821344255713136886467771802943206125

Issuer ? Manage your page and share your news
Do you have a question or need more details ?