Ondo's USDY turns three with $2.1B market cap and a top 3 seat@Ondo Finance marked three years of ethereum:0x96f6ef951840721adbf46ac996b59e0235cb985c today, with the tokenized Treasury note reaching a $2.1B market cap and ranking among the top three tokenized Treasuries, behind only Circle's USYC and BlackRock's BUIDL.The token, backed by short-term US Treasuries and bank deposits, is live across six blockchains and has processed $8.5B in transfer volume, with permissionless transfers and 24/7 mint and rede ...

Ondo's USDY marks 3-year progress with milestones...@Ondo Finance’s $USDY marks its third year of operation in the blockchain industry.The asset has achieved a $2.1B market cap, securing its position as a top-three global tokenized Treasury asset.The yield-bearing note currently services nearly 30,000 holders across six major blockchains, including @Solana and @Ethereum.With a cumulative transfer volume exceeding $8.5B, the asset maintains 24/7 instant mint and redemption capabilities, providing a high-liqu ...