
USDY is a cutting-edge stablecoin developed by Ondo Finance, designed to deliver stable returns to crypto investors while seamlessly integrating traditional finance with the Web3 ecosystem. As the core asset in Ondo Finance’s stablecoin suite, the USDY token features a distinctive model that links U.S. short-term Treasury yields to blockchain technology, offering a new investment experience for users.
USDY is backed by high-quality U.S. short-term Treasuries, ensuring both value stability and ongoing yield generation for holders. Unlike conventional stablecoins, USDY is not pegged 1:1 to the dollar; instead, its value appreciates in line with the performance of its underlying assets. This approach delivers both stability and growth potential, making USDY ideally suited for risk-averse investors seeking reliable returns.
Technically, Ondo Finance employs advanced smart contracts and a decentralized validator network (DVN) to ensure USDY’s security and transparency. Users can monitor USDY’s asset composition and value fluctuations in real time, significantly boosting product credibility. Ondo also partners with leading crypto exchanges and DeFi platforms to provide robust liquidity and diverse opportunities for USDY’s use.
As one of the world’s premier crypto exchanges, Gate has added the USDY token, underscoring industry recognition for Ondo Finance’s stablecoin solution. This move broadens USDY’s user base and introduces a new investment channel for Gate’s global clientele. Gate’s rigorous listing standards and superior user experience highlight USDY’s product strength and market outlook.
Investors can now conveniently trade USDY on Gate. Users may exchange major stablecoins like USDT for USDY, or use USDY as a new trading pair for digital asset transactions. This flexible setup significantly enhances USDY’s liquidity and utility. Gate also delivers professional market insights and trading analytics for USDY, empowering investors to seize USDY investment opportunities with precision.
To celebrate USDY’s launch, Gate is rolling out a series of events—including trading mining and airdrop rewards—to further drive USDY’s market demand and trading volume. For users who missed the early investment window, this marks an ideal entry point.
USDY’s innovation lies not only in its stablecoin nature but also in its deep integration of traditional financial assets with blockchain technology. By introducing globally trusted, low-risk assets—U.S. Treasuries—Ondo Finance effectively lowers investment risk and boosts returns, energizing both traditional and crypto markets.
Compared to conventional U.S. Treasury investments, USDY stands out. The entry barrier is extremely low, enabling small-scale investors to participate; liquidity is much higher than traditional Treasuries, with 24/7 trading available on crypto platforms; and with Ondo Finance’s expert management and DeFi support, USDY typically offers greater yields than holding Treasuries outright.
The table below highlights the key differences between USDY and traditional U.S. Treasury investments:
| Feature | USDY | Traditional U.S. Treasuries |
|---|---|---|
| Investment Threshold | Low, accessible for small amounts | High, usually requires significant capital |
| Liquidity | High, 24/7 trading | Lower, limited by trading hours |
| Yield | Higher, includes DeFi rewards | Lower, limited to Treasury interest |
| Trading Convenience | High, available on crypto exchanges | Lower, requires broker or bank |
| Global Accessibility | High, open to global investors | Lower, restricted by region |
As real-world asset (RWA) tokenization becomes a driving force in crypto, Ondo Finance’s USDY leads the way. By bringing high-quality real-world assets onto the blockchain, Ondo is redefining the structure of the crypto asset market. USDY’s success proves the viability of the RWA model and paves the way for further tokenization of real-world assets.
Ondo Finance’s innovation extends beyond USDY, with additional crypto products based on U.S. Treasuries and money market funds—such as OUSG and OMMF—creating a robust RWA ecosystem and offering investors a broad range of choices. Ondo merges the reliability of traditional finance with the dynamism of crypto innovation, pioneering a new investment paradigm.
Since its launch, USDY has delivered strong market performance. Data shows that USDY’s trading volume and number of holders have steadily increased. By September 2025, USDY’s market capitalization surpassed $1 billion, establishing it as a leading product in the RWA sector. This milestone demonstrates strong market endorsement and reflects growing investor demand for secure, stable, yield-generating crypto assets.
With major exchanges like Gate supporting USDY, its influence is set to expand even further. Gate’s extensive user base and trading ecosystem will provide USDY with greater visibility and new application scenarios. This partnership not only accelerates USDY’s growth but also energizes the broader RWA market, bringing new momentum and possibilities to the crypto industry.











