What is USDY?

USDY (US Dollar Yield Token) is a tokenized note secured by short-term US Treasuries and bank demand deposits. USDY is accessible to non-US individuals in select jurisdictions and institutional investors. It’s designed to combine the accessibility of a stablecoin with the high-quality, US dollar-denominated yield.

MANTRA has partnered with ONDO Finance to issue USDY on the MANTRA Chain mainnet.

If you want to know more about USDY or ONDO please check it out here.