Ondo Finance Launches USDY on Sui Network

Ondo Finance has deployed its USDY token on the Sui blockchain, enabling non-US users to access tokenized Treasury yields through Sui's growing DeFi ecosystem.

The integration includes native support from major Sui DEXes and lending protocols, providing immediate utility for USDY holders. Initial liquidity pools have been seeded with $5M in partnership with Sui Foundation.

USDY maintains its daily NAV updates and weekly attestations across all supported chains.