About Ondo US Dollar Yield (USDY)

Ondo US Dollar Yield (USDY) is a yield-bearing, dollar-pegged token that combines stablecoin-like access with institutional-grade income from short-term U.S. Treasuries and bank demand deposits; holders earn variable interest (yield) over time that reflects the performance of the underlying assets rather than just holding a non-yielding peg.

Ondo US Dollar Yield currently has a price of $1.12, which is 0.0000% away from its peg to USD. It has a market capitalization of $1.32B, which has changed by +1.48% over the past 30 days.

Ondo US Dollar Yield is issued by Ondo. Ondo created USDY, a yield-bearing stablecoin backed by US Treasuries. Founded by former Bridgewater executives.