Ondo Finance has launched USDY, its yield-bearing stablecoin, on the Stellar network, enabling users to access 5.3% APY on tokenized U.S. Treasuries. The integration unlocks new use cases in payments, treasury management, collateralization, and cross-border transactions on Stellar.
Ondo Finance announced the deployment of USDY (United States Dollar Yield), an institutional-grade yieldcoin backed by tokenized U.S. Treasuries, on the Stellar network. USDY, which has over $650M in TVL across 9 blockchains, now offers Stellar users permissionless access to yield-bearing assets with a current 5.3% APY. The integration combines Stellar's fast, low-cost payment infrastructure with productive yield opportunities, enabling new applications in onchain savings, treasury management, DeFi collateral, and cross-border payments. Ondo Finance positions this as a natural evolution from stablecoins to yield-bearing assets, while the Stellar Development Foundation emphasizes how this enhances the network's core mission of affordable global payments.
