Ondo USDY Officially Launches on Sei, Merging Tokenized Treasury Bonds with High-Performance Infrastructure
- Core Viewpoint: Ondo Finance's yield-bearing tokenized U.S. Treasury asset, USDY, has officially launched on the Sei network. It aims to leverage Sei's high-performance infrastructure to provide global users with compliant and efficient on-chain exposure to U.S. Treasury yields, while also propelling Sei to become a key settlement layer for Real World Assets (RWA).
- Key Elements:
- USDY is the first permissionless, native tokenized U.S. Treasury asset on Sei, backed by short-term U.S. Treasuries and bank deposits, with a market capitalization exceeding $1.2 billion.
- The Sei network offers high performance with approximately 400ms finality and 12,500 TPS, designed to meet the demands of institutional-grade financial applications for determinism and scalability.
- USDY upgrades on-chain stablecoins into a composable, yield-bearing foundational asset, usable for lending collateral, payments, and constructing complex financial products.
- This launch introduces large-scale capital liquidity into the Sei ecosystem, which has already garnered ecosystem support from several top-tier institutions including BlackRock and Apollo.
- USDY has achieved immediate integration across multiple DeFi protocols within the Sei ecosystem (such as DragonSwap, Takara Lend), offering trading, lending, and cross-chain functionalities.
It is reported that Ondo Finance has announced that its flagship yield-bearing asset, USDY, is now officially live on Sei. Backed by short-term U.S. Treasury bonds and bank deposits, USDY is the first permissionless, tokenized native U.S. Treasury asset on Sei, providing both institutional and retail users with direct, compliant, and yield-bearing exposure to the U.S. dollar.
Sei is becoming a global settlement layer for modern finance, offering high-performance, low-cost infrastructure for institutional, enterprise, and consumer-grade financial scenarios. Deployed on Sei's parallelized EVM, USDY benefits from approximately 400ms finality and 12,500 TPS throughput, meeting the global market's demand for deterministic execution and scalable settlement.
Currently, USDY's market capitalization exceeds $1.2 billion, reflecting the broad institutional demand for tokenized Treasury products. As the tokenized Treasury market surpasses $10 billion, the launch of USDY brings significant capital liquidity from the RWA sector to Sei, further activating the productivity of "idle cash" on-chain.
This integration also solidifies Sei's strategic positioning in the RWA field. Currently, institutional-grade tokenized funds from entities like BlackRock, Brevan Howard, Hamilton Lane, Nomura Laser Digital, and Apollo are operational on the Sei network, with infrastructure partners including Circle, Binance, Securitize, KAIO, and Etherscan.
Unlocking Yield-Bearing Capital Efficiency in the Sei Ecosystem
USDY upgrades static stablecoins on Sei into composable, yield-generating foundational financial assets. Users and protocols can utilize USDY as lending collateral, institutional-grade reserve assets, and a global payment medium, thereby gaining Treasury yields while ensuring price stability.
Core Value for Users:
● Yield-Bearing Dollar Exposure: Holding USDY provides stable yields backed by short-term U.S. Treasuries.
● Global Accessibility: Non-U.S. users can directly access tokenized U.S. Treasuries on Sei without intermediaries.
● High-Speed Execution: Sei's performance infrastructure ensures capital efficiency and transaction reliability.
Core Value for Developers:
● Full ERC-20 Composability: Can be used to build yield strategies, treasury management, and capital market products.
● Institutional-Grade Collateral Asset: USDY can be safely used in lending, trading, and liquidity scenarios.
● Rapid Integration: Sei developers can embed USDY as a yield primitive and reserve asset into their protocols.
Ian De Bode, President of Ondo Finance, stated:
"Deploying USDY to Sei's high-performance blockchain connects global users and enterprises directly to tokenized U.S. Treasury yields. USDY is becoming a core foundational asset for on-chain finance."
Justin Barlow, Executive Director of the Sei Development Foundation, stated:
"The launch of USDY on Sei enables users to borrow, pay, and manage funds using high-quality, Treasury-backed assets on a high-speed network, further bridging the gap between DeFi and traditional finance."
Ready-to-Use DeFi Integrations
USDY is immediately usable within the Sei ecosystem:
● Trading: Swap with low slippage via DragonSwap.
● Lending: Use as yield-bearing collateral on Takara Lend and Yei Finance.
● Cross-Chain: Access cross-chain liquidity via LayerZero.
The launch of USDY marks a further convergence of traditional capital markets and the on-chain economy, laying a crucial step for Sei in building high-performance RWA financial infrastructure.
