USDY makes its debut on the Sei network, creating a new benchmark for on-chain government bond assets.

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On July 18, RWA tokenization platform Ondo Finance announced that its flagship product—United States Dollar Yield (USDY)—will officially launch on the Sei network, becoming the first on-chain national debt asset deployed on this ultra-fast Layer 1 Blockchain.

USDY is currently deployed on multiple blockchains, with a TVL exceeding 680 million USD, offering an annualized yield of 4.25% (updated monthly), targeting individual and institutional investors globally (excluding the USA), combining the liquidity advantages of stablecoins with the high-level investor protection mechanisms found in traditional finance.

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HypotheticalLiquidatorvip
· 2h ago
The underlying liquidity is insufficient, just waiting for the first batch to catch a falling knife.
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SneakyFlashloanvip
· 7h ago
Here we go again, being played for suckers.
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GoodFortuneAndProspervip
· 22h ago
From now on, buy SEI and hold firmly. Whoever sells SEI will have their wife available to everyone!
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CrossChainBreathervip
· 07-18 04:13
sei network incense, brothers
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GateUser-beba108dvip
· 07-18 03:53
Just 4 points... stable or not stable
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InfraVibesvip
· 07-18 03:50
An annualized rate of only 4.25? It's higher just to deposit in a bank.
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MEVSandwichvip
· 07-18 03:38
You want to enter a position with an annualized 4? Isn't it better to play with the bulls?
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AirdropHunterKingvip
· 07-18 03:37
The yield looks pretty good, saved on gas, no loss in free earnings.
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NftRegretMachinevip
· 07-18 03:31
So happy at 4.25?
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DecentralizedEldervip
· 07-18 03:29
This terrible yield is worse than a bank's fixed deposit...
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