Ondo Finance Launches USDY Stablecoin on the Aptos Blockchain, Marking a New Milestone in the Tokenization of Real-World Assets (RWAs)

Supported by leading protocols such as Aries Markets, Thala, and LiquidSwap, USDY is set to redefine how stablecoins function by offering an attractive yield alongside traditional financial protections.

DeFi trailblazer Ondo Finance has achieved a remarkable feat with the launch of USDY on the Aptos blockchain. This integration marks the debut of a tokenized U.S. Treasury asset within the Aptos ecosystem, seamlessly blending the stability of traditional finance with the boundless potential of DeFi.

Backed by leading protocols like Aries Markets, Thala, and LiquidSwap, USDY is set to revolutionize the functioning of stablecoins by offering an attractive yield coupled with traditional financial protections.

USDY, known for its underlying security backed by U.S. Treasuries, boasts a yield of 5.3% APY. This launch not only expands the stablecoin options within the Aptos ecosystem but also brings institutional-grade asset security to a wider audience, including global non-US investors.

This strategic deployment on Aptos highlights both Ondo's and Aptos' dedication to spearheading the tokenization of real-world assets (RWAs) on a platform lauded for its scalability, security, and user-centric design.

The Aptos integration embodies @OndoFinance's institutional-grade, high-performance capacity as the premier DeFi platform.

Day 1 partners like @AriesMarkets, @ThalaLabs, @PontemNetwork's LiquidSwap, @PetraWallet & Pontem Wallet make access easier than ever 👀👇 https://t.co/T2AiHoBj8Q

Deepening Integration in Aptos’s DeFi Ecosystem

The incorporation of USDY into Aptos's thriving DeFi scene is a game-changer. With USDY now live across prominent DeFi protocols—collectively managing over $250 million in total value locked (TVL)—the token is poised to enhance liquidity pools, serve as robust collateral for loans, and underpin various financial instruments like Collateralized Debt Positions (CDPs) and derivatives.

This broad utility makes USDY a cornerstone asset in fostering a stable, yet dynamic economic environment on Aptos. For users and developers on Aptos, USDY offers a reliable and secure digital asset that mitigates volatility through its dependable yield, backed by one of the safest asset classes globally—U.S.