Onchain Marketcap$70.39m
Active Marketcap$70.39m
DeFi Active TVL$3,534
USDon Price$1
Chains3
Token Properties
CategoryFiat Stablecoins
Asset ClassUSD Stable
TypeAsset
RWA ClassificationRWA
Access ModelPermissionless
Parent PlatformOndo
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
KYC to Mint or RedeemIndicates whether minting or redeeming the token through the issuer or primary market requires KYC/AML verification (KYC/KYB/onboarding)
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Issuer Information
IssuerOndo Global Markets (BVI) Limited
Registry InformationOndo USDY LLC, Delaware special purpose limited liability company, bankruptcy‑remote issuer of USDY token.
Sourcehttps://docs.ondo.finance/ondo-global-markets/trust-and-transparency
Attestations
Date of Last AttestationDaily (ongoing)
Attestation FrequencyDaily
View AttestationsThird-party verification reportsNotes
- Ondo Global Markets native stablecoin, backed 1:1 by USD in Global Markets brokerage accounts, and used as the quote asset for minting and redeeming Ondo tokenized stocks
- USDC can be swapped 1:1 to/from USDon via the stablecoin swapper (subject to swapper liquidity and permissions).
DeFi Active TVL by Protocol
Protocol | ||
|---|---|---|
| $3,534 | 100.00% |