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Eligibility

Who can invest in USDY? Who can redeem? Who can trade it?​

To be eligible to acquire, redeem, or trade USDY, you (or your organization, depending upon who is investing) must NOT be located, organized, or a resident in any of the following locations:

  • The United States (including its possessions and territories), United Kingdom or Canada
  • Crimea, Cuba, Iran, North Korea, or Syria
  • Albania, Barbados, Belarus, Cambodia, Colombia, Haiti, Jamaica, Japan, Myanmar, Nicaragua, Russia, South Korea, Ukraine, Vanuatu, Venezuela, Yemen
  • Any African country except Mauritius and South Africa
  • Any countries of the Commonwealth of Independent States
  • Any country, territory or geographical region which is itself the subject or target of any territory-wide sanctions

Furthermore, except for the US and UK, citizens of any of the above countries are also ineligible, regardless of residence. (Example: If you are a Kenyan citizen, you are not eligible; but if you are a UK citizen living in France, you are eligible.)

To invest in or redeem USDY through Ondo, you must complete our onboarding process, which includes our standard Know Your Customer (KYC/B) and Anti-Money Laundering (AML) checks.

You do not need to onboard with Ondo to buy or sell USDY on secondary markets.

Additional restrictions may apply.

Are there any other ways to acquire USDY?​

As of 1/1/2024, USDY is natively available on Ethereum, Mantle, and Solana. Onchain liquidity is available on each network.




Legal Notice

These pages are provided solely to facilitate your understanding of certain key features and terms of USDY and its issuer, and is qualified in all respects by the Tokenized Credit and Security Agreement, your Subscription Agreement, the Borrowing and Lending Memorandum, and the Limited Liability Company Agreement of Ondo USDY LLC.

For the purposes of these pages, the capitalized term “Token” shall refer to the transferrable USDY token.

Neither these pages, nor any related links or discussions, nor any portion hereof or thereof, constitutes any offer to sell, or any solicitation of an offer to buy, any securities, including but not limited to USDY Tokens.

Neither these pages, nor any related links or discussions, nor any portion hereof of thereof, constitutes any representation, warranty or covenant on the part of Ondo Finance Inc., Ondo USDY LLC or any other person.

These pages and their links contain, and officers, agents or representatives of Ondo Finance Inc. or Ondo USDY LLC may from time to time make, "forward-looking statements". Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the control of Ondo Finance Inc., Ondo USDY LLC and their respective officers, agents and representatives. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.

Acquiring USDY Tokens is speculative and involves substantial risks. There can be no assurances that a USDY Token holder will not incur losses, including total loss of their investment in USDY Tokens.

The USDY Tokens are not 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.