Ondo Finance has officially launched USDY, a tokenized fund backed by short-term US Treasuries, now deployed on the Sei blockchain. The move marks another step in connecting traditional financial instruments to decentralized infrastructure.
USDY brings institutional yield to fast DeFi rails
USDY is backed by a portfolio of short-term Treasury bills and bank deposits. It offers an annual yield of 4.25 percent and is now accessible with real-time liquidity and low latency through the Sei Network.
Sei provides a high-performance layer built specifically for financial applications. Its deterministic execution and rapid finality make it a natural fit for tokenized fixed income products like USDY.
Tokenized RWAs scale into institutional DeFi
This launch is the first time tokenized Treasuries have been deployed on a chain optimized for capital markets. The market reacted quickly, with ONDO token rising around 12 percent following the announcement.
This reinforces growing investor demand for real-world assets with native blockchain settlement and compliance-ready frameworks.
StartUpX and XSTP align with this future
The launch echoes the long-term vision of StartUpX and its token XSTP. While Ondo brings fixed income to the chain, XSTP unlocks tokenized access to real-world startups and tangible assets. Together they represent two pillars of the same trend transforming global finance.
Sources BeinCrypto, Coin Central, Ainvest
Date of publication July 18, 2025
