Major Announcement

USDY has been deployed on the Sei mainnet.

USDY stands for Ondo US Dollar Yield.

It is the flagship RWA token of Ondo Finance - possibly the only one.

Its yield is supported by short-term U.S. Treasury bonds.

Before deploying on Sei, it was already covered on 13 public chains, with a circulation of 1.2 billion USD.

Now Sei has become the fourth largest deployment chain, following Ethereum, Solana, and Plume.

USDY is not isolated on Sei:

▌ Instant trading through Saphyre DEX

▌ Used as high-quality collateral in Takara Lend and Yei Finance

▌ Seamless cross-chain liquidity supported by LayerZero

From a longer-term perspective, Sei is attracting the largest institutional capital globally:

BlackRock, Brevan Howard, Hamilton Lane, Nomura Securities Laser Digital, Apollo…

Sei's 400ms finality + 12,500 TPS throughput is the certainty and speed that institutional-grade assets require.

More institutional assets → deeper liquidity → lower trading costs → more developers → richer application scenarios.

"The DeFi execution layer of Wall Street" is becoming a reality.

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