Instruments · Tokenized Treasuries

Ondo US Dollar Yield

USDYTokenized TreasuriesVery Low

~3.55%

Yield / return

Yield-bearing dollar token backed by short-term US Treasuries and bank deposits; the yield accrues into the token price.

No KYC on secondary market · self-custody

Buy on a DEX (Curve, Solana); direct mint requires KYC

Who may buy is set by the issuer — check their terms.

Go to Ondo Finance ↗

Minimum ~$50 (secondary market) · Self-custody · verify with the provider before acting

Key facts

Yield / return: ~3.55%
Risk: Very Low
Minimum: ~$50 (secondary market)
Liquidity: 24/7 on DEXs; direct redemption with KYC
Custody: Self-custody
KYC: Required to mint
Figures verified: 2026-08-25

Details

Issuer: Ondo Finance
Type: Tokenized Treasuries
Category: Tokenized Treasuries
Pillar: Fixed Income
Yield source: Short-term US Treasuries + bank deposits
Network: Ethereum / Solana (+10)
Jurisdiction: USA (non-US persons only)
AUM: $2.14B

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Tokenized money market funds, compared →What kind of asset is this? All types explained →

What you actually own

Ondo Finance funds (OUSG, USDY) · Issuer-tokenized

A share in a regulated fund

Dividends: Not confirmed
Voting rights: Not confirmed
Corporate actions: Not confirmed
Redemption: Not confirmed
If the issuer fails: Not confirmed
Transfer: Not confirmed

Two different structures under one issuer name: OUSG is a fund for accredited investors who are also qualified purchasers; USDY is a Reg S note for non-US persons. Access is therefore stated per token.

checked 2026-09-18 · issuer-docs · source

Who it is aimed at

Target / Area

Who may buy is set by the issuer — check their terms (issuer documentation).