Ondo Finance's USDY, a yield-bearing stablecoin backed by U.S. Treasury bonds and bank deposits, officially launches on the Sei blockchain. USDY represents the first permissionless tokenized U.S. Treasury asset on Sei, leveraging its high-speed architecture with 400ms finality and 12,500 TPS throughput. The $1.2 billion market cap USDY integration significantly expands Sei's ecosystem with one of the largest capital pools in the real-world asset (RWA) sector.

#RWA