Overview
- The asset is already integrated with LOBSTR, Aquarius, Meru, Soroswap, and Decaf Wallet for immediate access.
- Users can deploy USDY as DeFi collateral and earn on funds held during cross-border transfers until settlement.
- Stellar Development Foundation CEO Denelle Dixon endorsed the launch as expanding onchain capabilities for wallets and businesses.
- Ondo characterizes USDY as the first automatically yield‑accruing stablecoin of its type available on Stellar.
- Ondo reports roughly 5.3% APY and says USDY has attracted more than $650 million in TVL across nine blockchains.