The current real-time price of USDY is $1.11. In the past 24 hours, USDY has traded between $1.079 and $1.12, showing strong market activity. The all-time high of USDY is $1.26, and the all-time low is $0.9341.
From a short-term perspective, the price change of USDY over the past 1 hour is , over the past 24 hours is -0.69%, and over the past 7 days is +2.16%. These figures provide a quick overview of the latest price trends and market dynamics of USDY on LBank.-0.84%
The live price of USDY today is $1.11, with a current market cap of $699.207M. The 24-hour trading volume is 2M. The price of USDY to USD is updated in real time.
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Before deciding whether to buy or sell USDY, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s USDY technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for USDY.
How much will USDY be worth tomorrow, next week, or next month in ? What about your USDY assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! USDY Price Prediction
To learn more about USDY, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xa5b6...225302  | 63.567M | 11.49% |
ethereum | 0x661b...b8ee1a | 62.161M | 11.24% |
ethereum | 0x9c6f...fe4ac2 | 36.641M | 6.62% |
solana | 7TQkfs...ypJAm5 | 32.482M | 5.87% |
solana | Fmc9wV...amv89h | 28.503M | 5.15% |
Other | 329.796M | 59.62% |
USDY is a yield-bearing tokenized note issued by Ondo Finance, operating as an ERC-20 token on Ethereum and other networks. It blends the accessibility of a stablecoin with returns generated from traditional financial assets. This digital asset provides a secure, compliant way to access yield within the crypto ecosystem.
USDY is backed by short-term United States Treasuries and bank demand deposits. Yield accrues daily from these underlying assets, typically by increasing the token's redemption value. Ondo Finance ensures strong security and stability by maintaining a robust overcollateralization rate, where reserves significantly exceed the value of issued USDY.
Unlike traditional stablecoins, which primarily facilitate value transfer or storage without native yield, USDY is specifically designed to provide a consistent yield from its backing assets. It also prioritizes robust regulatory compliance and features a bankruptcy-remote structure, offering enhanced security and a distinct value proposition within the digital asset space.
Due to regulatory considerations, USDY is primarily accessible to qualifying non-U.S. individual and institutional investors. Potential investors must complete a Know Your Customer (KYC) or Know Your Business (KYB) verification process. This ensures compliance with global financial regulations and responsible participation in the Ondo ecosystem.
You can acquire USDY through fiat via wire transfer or by using USDC or USDT stablecoins. It is also available for trading on various decentralized exchanges (DEXs) and centralized exchanges, including LBank. This broad accessibility allows users multiple convenient methods to obtain USDY tokens.
Ondo Finance employs a bankruptcy-remote structure for USDY, involving a dedicated corporate entity for issuance and oversight, enhancing asset protection. It is designed to adhere to securities laws, incorporating transfer restrictions and mandatory KYC/KYB requirements. The protocol also leverages blockchain technology for transparency and smart contracts to enforce agreements, creating a secure and compliant framework.
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