Ondo Finance to Bring USDY to the Stellar Network, Unlocking Yield for Global Economies

Ondo Finance is set to launch the United States Dollar Yield (USDY) on the Stellar network in the coming months, positioning USDY in Stellar’s ecosystem to offer high-quality, yield-bearing assets tied to tokenized US Treasuries. This deployment will leverage Stellar’s global payments infrastructure to enhance treasury management and collateralization across diverse use cases. Recognized for its fast, low-cost payments and remittances, Stellar allows USDY to benefit from robust networks of payment providers and regulatory controls. This partnership aligns with Stellar’s focus on cross-border payments and financial inclusion. As part of a broader strategy, Ondo Finance aims to deliver institutional-grade onchain finance solutions on Stellar, empowering a wide array of users worldwide.