USDY Token to Shake Up Sei Network! Here’s Why You Should Care 😱💸

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Hold onto your hats, folks, because Ondo Finance is about to drop something BIG on the Sei Network. Yes, you heard that right—USDY, the tokenized US Treasury product, is making its grand debut. This comes after it made itself comfortable on other networks like Ethereum, Solana, Mantle, and Sui. Moving up in the world, huh? 🌍💰

According to some fancy press release (because who doesn’t love a good press release?), USDY is about to launch on Sei (SEI) Network. This is *huge*, because it’s the very first time a tokenized Treasury Bill product is getting snuggled up to the super-speedy, ultra-efficient Layer-1 blockchain. We’re talking a TVL of over $670M and a mind-blowing 821% YoY growth. You can’t ignore stats like that. 📈🔥

USDY isn’t just a pretty face either. It combines the best of both worlds—stablecoins’ accessibility with the yield and investor protections of traditional finance. Right now, it’s sitting pretty with a market cap north of $681 million and a shiny 4.25% APY. And guess what? That 4.25%? It gets updated monthly. So don’t blink, or you’ll miss the next yield update. 👀💸

So, why is Sei the lucky blockchain to get USDY? Justin Barlow from the Sei Development Foundation has the answer: “Sei’s breakthrough infrastructure with near-instant finality and parallelized execution makes it uniquely suited for institutional-grade financial products, and USDY represents the exact kind of high-quality, composable yield primitive that will unlock new possibilities for developers building the next generation of onchain applications.” Talk about a *mouthful*, but basically, Sei is so fast, it could probably out-run your grandma. 🏃‍♀️💨

Now, for those of you who don’t want to feel left out (because who does, really?), USDY is already rolling in style across several major blockchains. Ethereum (ETH) is flexing with 63.46% of USDY’s circulating supply. Solana (SOL) is trailing with 25.9%. Mantle (MNT), Sui (SUI), and a handful of other networks are on board too. It’s a multichain party, and everyone’s invited. 🥳💥

But wait, there’s more! USDY is now fully fungible across Ethereum, Mantle, and Arbitrum. No more wrapping, no more swapping. Just seamless transactions thanks to LayerZero’s omnichain standard. It’s like the blockchain version of a no-fuss relationship—everything just works. And the best part? There are plans for even more networks. So stay tuned, because things are about to get even more interesting. 🔄💥

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2025-07-17 17:46