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BSCNยท2025-07-17 22:11

Overview - Ondo Finance's USDY, a tokenized U S Treasury product, is launching on Sei Network [1] - The integration aims to bring institutional-grade finance to the DeFi environment [2][5] Product Details - USDY is a yield-bearing asset backed by short-term U S Treasuries and bank deposits [2] - USDY will be the first tokenized treasury asset on Sei [2] - USDY is a compliant, composable ERC-20 asset [4] Strategic Implications - The deployment enhances Sei's DeFi stack and establishes it as a base-layer for real-world asset (RWA) enabled finance [2] - The integration combines an institutional-grade product with a next-generation execution layer [3] - USDY simplifies access to tokenized U S treasuries on Sei for developers [4] Technical Advantages - Sei's ultra-fast block times and parallelized EVM execution enable seamless deployment of USDY across DeFi platforms [3]