ONDO USDY officially launches on the Sei network

BlockBeats News, January 28, the flagship product USDY (United States Dollar Yield) of the RWA platform Ondo Finance will officially launch on the high-performance Layer 1 blockchain Sei Network at 9:30 AM EST on January 28 (10:00 AM Beijing time, UTC+8, January 29).

As the first tokenized US Treasury product on Sei, USDY brings users a composable, yield-bearing, on-chain asset backed by US Treasuries. USDY is currently one of the most widely adopted tokenized treasury assets in the market, with a market capitalization exceeding $1.28 billion. This launch marks the official integration of institutionally validated high-quality assets into Sei's high-performance infrastructure.