USDY Launches on BNB Chain, Bringing Yield-Bearing Dollar Assets to Millions of Users and AI Agents

Odaily News - Ondo's tokenized U.S. Treasury yield token USDY (U.S. Dollar Yield Token) is now officially live on BNB Chain, supporting instant minting/redemption and cross-chain bridging functionality. As a permissionless tokenized U.S. Treasury product, USDY's integration into one of the world's most active public chain ecosystems means institutional-grade yield assets are now directly accessible without permission.

This launch marks a significant step in USDY's multi-chain expansion, providing millions of users and AI agents in the BNB Chain DeFi ecosystem with exposure to yield-bearing dollar assets, while delivering a dual boost in capital efficiency and transaction speed through its instant minting and redemption mechanism. Users can now directly hold U.S. Treasury-backed yield assets natively on BNB Chain without needing to bridge assets from other chains; for developers, USDY also serves as premium collateral for on-chain lending, trading, and liquidity protocols, seamlessly integrating with native BNB Chain applications.