Ondo USDY Officially Launches on Sei, Tokenized Treasury Bonds Access High-Performance Public Chain

Odaily News Ondo Finance's yield-bearing stable asset USDY is now officially deployed on Sei. Backed by short-term U.S. Treasury bonds and bank deposits, USDY is the first permissionless tokenized U.S. Treasury base asset on Sei.

Leveraging Sei's parallelized EVM architecture, the network achieves approximately 400ms finality and 12,500 TPS throughput, providing a high-performance settlement environment for institutional-grade assets. Currently, USDY's market capitalization exceeds $1.2 billion, and this integration brings one of the largest capital pools in the RWA field into the Sei ecosystem.