Ondo Finance: USDY, a tokenized treasury product, is coming to the Sei network

According to official news, RWA tokenization platform $Ondo Finance announced that its flagship product, the United States Dollar Yield (USDY), will be officially launched on the $Sei network, becoming the first on-chain treasury asset deployed on this ultra-fast Layer 1 blockchain. USDY is currently deployed on multiple blockchains, with a TVL of over $680.0 million, offering an annualized yield of 4.25% (monthly update), targeting individual and institutional investors worldwide (excluding the United States), combining the liquidity advantages of stablecoins with the high-grade investor protection mechanisms of traditional finance. [Odaily Planet Daily News]