Ondo Launches USDY Yield-Bearing Stablecoin on BNB Chain
Ondo Launches USDY Yield-Bearing Stablecoin on BNB Chain
🏦 Treasury yields arrive
Ondo Finance has deployed USDY, its yield-bearing U.S. Treasury-backed token, on BNB Chain. The integration allows users and autonomous agents to hold a dollar-denominated asset that generates daily yield without requiring permission.
Key details:
- USDY is backed by U.S. Treasury securities
- Daily yield accrual for holders
- Permissionless access on BNB Chain
- Integration powered by LI.FI enables apps, wallets, and trading platforms to access USDY
- Users benefit from optimized price execution across platforms
The deployment expands USDY's reach beyond its initial chains, bringing yield-generating stablecoins to BNB Chain's ecosystem of decentralized applications and users.
Ondo brought USDY to BNB Chain, giving users and agents here a dollar that accrues yield daily with no permission needed to hold it. More 👇
USDY is now live on @BNBCHAIN. AI agents & hundreds of millions of wallets on BNB Chain can now benefit from: ✅ Yield accruing daily ✅ Permissionless access ✅ Instant minting/redemptions Available now via 1inch, Ledger, LI․FI, CoW Protocol, Trust Wallet, LayerZero, &
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