According to official announcements, USDY (U.S. Dollar Yield Token), Ondo’s tokenized U.S. Treasury yield instrument, is now officially live on BNB Chain, supporting instant minting/redemption and cross-chain bridging. As a leading permissionless tokenized U.S. Treasury product, USDY’s launch on BNB Chain—one of the world’s largest and most active public blockchain ecosystems—marks the first time institutional-grade yield-bearing assets are directly accessible without permission. This launch represents a significant step in USDY’s multi-chain expansion, bringing dollar-denominated yield-bearing assets to millions of users and AI agents within BNB Chain’s robust DeFi ecosystem. With instant minting and redemption mechanisms, it enhances both capital efficiency and transaction speed. Users can now hold U.S. Treasury-backed yield assets natively on BNB Chain without needing to bridge funds from other chains. For developers, USDY can serve as high-quality collateral in on-chain lending, trading, and liquidity protocols, seamlessly integrating with native BNB Chain applications.
USDY Launches on BNB Chain, Bringing Yield-Generating USD Assets to Millions of Users and AI Agents
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Summary
USDY, a tokenized U.S. Treasury yield-bearing asset from Ondo, is now live on BNB Chain, enabling instant minting, redemption, and cross-chain bridging. This on-chain development marks USDY’s entry into one of the most active blockchain ecosystems, providing millions of users and AI agents with access to institutional-grade yield assets. The asset supports DeFi protocols by offering a reliable collateral option for lending and liquidity. As AI and crypto news gains momentum, USDY’s launch aligns with rising demand for programmable, yield-generating assets.
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