Ondo USDY officially launched on Sei, with tokenized government bonds integrated into a high-performance public blockchain.

Ondo Finance's yield-generating stable asset USDY has been officially deployed on Sei. Backed by short-term U.S. Treasury bonds and bank deposits, USDY is the first permissionless tokenized U.S. Treasury bond underlying asset on Sei. Leveraging Sei's parallel EVM architecture, the network achieves a final confirmation time of approximately 400ms and a throughput of 12,500 TPS, providing a high-performance settlement environment for institutional assets. Currently, USDY has a market capitalization exceeding $1.2 billion, and this integration brings one of the largest liquidity pools in the RWA space into the Sei ecosystem.