Ondo's Tokenized U.S. Treasuries Go Live on Sei, Marking a Major Step Forward for Real-World Assets in DeFi

Ondo Finance's tokenized US Treasuries, USDY, are now live on the Sei Network, marking a major step forward for real-world assets (RWA) in decentralized finance. USDY brings over $680 million in TVL to Sei, making it the first tokenized Treasury asset of its scale on the network. This integration enables users to tap into traditional fixed-income yield onchain and in real time, bridging a gap between DeFi and traditional finance.