Ondo Finance: Tokenized Treasury Product USDY to Launch on the Sei Network

Odaily Planet Daily News According to official sources, RWA tokenization platform Ondo Finance has announced that its flagship product—the United States Dollar Yield (USDY) token—will officially launch on the Sei network, becoming the first on-chain Treasury asset deployed on this ultra-high-speed Layer 1 blockchain.
USDY is currently deployed on multiple blockchains, with a TVL exceeding $680 million, offering an annualized yield of 4.25% (updated monthly). It is available to individual and institutional investors worldwide (excluding the United States), combining the liquidity advantages of stablecoins with the high-level investor protection mechanisms found in traditional finance.