#120

Ondo US Dollar Yield

USDY
0.00001309 BTC
$1.11
24h: +0.51% 7d: +1.11%
All Time High $1.26 Mar 27, 2024
24h
$1.08 $1.11
24h Volume $2.76M

Price Chart

About Ondo US Dollar Yield

Ondo US Dollar Yield (USDY)

Ondo US Dollar Yield, symbolized as USDY, is a cutting-edge asset within the cryptocurrency landscape, designed to provide stability and yield generation. As a fiat-backed stablecoin, USDY is pegged to the value of the US Dollar, ensuring that it maintains a consistent value, making it an ideal choice for investors seeking to mitigate volatility commonly associated with cryptocurrencies.

Ecosystem Integration

USDY is strategically integrated across multiple blockchain ecosystems, including:

  • Solana Ecosystem
  • Arbitrum Ecosystem
  • Ethereum Ecosystem
  • Aptos Ecosystem
  • Sui Ecosystem
  • Mantle Ecosystem

This multi-ecosystem presence allows USDY to leverage the unique strengths of each blockchain, enhancing its usability and accessibility in the digital finance landscape.

Yield Generation

One of the standout features of USDY is its capacity for yield generation. By holding USDY, investors can earn returns, making it not just a stable store of value but also a source of passive income. This innovative approach aims to attract both seasoned investors and newcomers to the crypto space.

Conclusion

In summary, Ondo US Dollar Yield (USDY) represents a fusion of stability and profitability, making it a compelling option for those looking to engage with decentralized finance while enjoying the assurance of a fiat-backed asset.

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Categories

Stablecoins Solana Ecosystem Arbitrum Ecosystem Ethereum Ecosystem Aptos Ecosystem Sui Ecosystem Mantle Ecosystem Osmosis Ecosystem Fiat-backed Stablecoin Yield Tokenization Product Yield-Bearing Stablecoin

Market Data

Rank
#120
Market Cap
$595.7M
Volume
$2.76M
Circulating Supply
537.41M USDY
Total Supply
537.5M USDY
Max Supply
N/A

Additional Information

Genesis Date
24h Market Cap Change
$160.39M
24h Market Cap Change %
36.85%