Ondo Finance Expands USDY Yieldcoin to Stellar Network, Bridging Tokenized Treasuries with Global Payments
Ondo Finance, a U.S.-based digital asset firm specializing in tokenizing traditional financial products, has launched its flagship yieldcoin USDY on the stellar blockchain. The move integrates tokenized U.S. Treasuries with Stellar's high-speed, low-cost payments infrastructure, unlocking yield-bearing assets for global users.
The announcement, made at the Stellar Meridian event in Rio de Janeiro, marks a strategic convergence of real-world asset tokenization and cross-border payments. USDY's deployment on Stellar provides investors with permissionless access to onchain instruments backed by U.S. government debt—considered among the world's safest financial assets.
Stellar's network effect amplifies USDY's reach across emerging markets where demand for dollar-denominated yield remains strong. The partnership reflects growing institutional interest in blockchain-based treasury solutions, particularly those bridging decentralized finance with compliant traditional instruments.