Worth revisiting this quietly important move from earlier this week. Ondo’s USDY is now live on Sei, bringing over $1.2B in circulating tokenized U.S. Treasuries onto a high performance L1. This is one of the largest real world asset deployments outside Ethereum and it is happening on a chain optimized for speed and capital efficiency. Why it matters USDY is not just sitting idle. On Sei it can be used directly for lending, collateralization, savings, and structured yield strategies. That turns tokenized T bills into a composable, onchain interest rate primitive rather than a passive wrapper. Bigger picture Tokenized Treasuries are rapidly becoming base layer collateral for crypto markets. Chains that can support real throughput, low latency, and regulated RWAs stand to capture meaningful institutional flow. Sei positioning itself early here is not accidental. This is how onchain capital markets actually get built. SEI x @OndoFinance(Whale Factor)