Ondo US Dollar Yield usdy #149

$1.09

-1.57% (1d)

Market Cap

$585.7M

BTC Price

FDV

$686.8M

Vol24h

$4.4M

Circulating Supply

627.8M usdy

Total Supply

Info

Website
Website Whitepaper
Community
Algorithm
Proof Type
Block Reward

0
All Time High

$1.26
ATL Date

03/27/2024

The current price of Ondo US Dollar Yield is $1.09 in USD. As of now, a total of 627.8M usdy are in circulation across the market. Ondo US Dollar Yield has experienced a price change of -1.57% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, Ondo US Dollar Yield trading volume on crypto exchanges has reached $4.4M.

- Changelly
- Crypto.com

Description

USD Yield (USDY) by Ondo Finance is a unique tokenized note backed by US Treasuries and bank deposits, blending traditional financial security with digital innovation. Not available for sale or distribution in the U.S. or to U.S. persons, and not registered under the U.S. Securities Act of 1933, it functions as a bearer instrument with a variable yield starting at 5% APY. USDY, structured as senior secured debt of Ondo USDY LLC, is accessible without accreditation requirements, allowing daily minting or redeeming directly with Ondo. After a 40-50 day waiting period, these tokens can be transferred on-chain to qualifying non-U.S. investors, combining the stability of traditional assets with the flexibility of digital tokens while adhering to international regulations.

usdy Markets

#	Exchange	Pair
1	Bybit	usdyUSDT

usdy News

At this time, there are no updates to share. We will keep you informed as soon as there is any news