USDY Token
📄️ USDY Basics
What is USDY?
📄️ Comparison to Stablecoins
USDY is not classified as a traditional stablecoin; instead, it is a tokenized secured note. Like stablecoins, USDY operates as a bearer asset that can be transferred to investors without their needing to be onboarded with the issuer, although onboarding is necessary for minting or redeeming. However, unlike with stablecoins, USDY holders earn almost all of the yield from the assets that back USDY.
📄️ Comparison to Other Ondo Products
How does UDSY compare to OUSG?
📄️ How it Works
There are three major processes for USDY:
🗃️ FAQ
8 items
📄️ USDY Legal Disclaimer
THE USDY TOKENS ARE NOT BEING OFFERED OR SOLD, AND WILL NOT BE OFFERED OR SOLD, IN THE UNITED STATES OR TO US PERSONS. In addition, the USDY Tokens have not been registered under the Securities Act of 1933, as amended (the “Act”) or the securities laws of any other jurisdiction, and may not be offered, sold or otherwise transferred in the United States or to US persons unless the securities are registered under the Act, or an exemption from the registration requirements of the Act is available. Additional limitations on transfer also apply.