BlockBeats news, on July 18, according to official information, the RWA tokenization platform Ondo Finance announced that its flagship product—the United States Dollar Yield (USDY)—will officially launch on the Sei network, becoming the first on-chain government bond asset deployed on this ultra-fast Layer 1 blockchain.
USDY is currently deployed on multiple blockchains, with a TVL exceeding $680 million, offering an annualized yield of 4.25% (monthly updates), targeting global (excluding the US) individual and institutional investors, combining the liquidity advantages of stablecoins with the high-grade investor protection mechanisms found in traditional finance.
