Ondo USDY Launches on BNB Chain, Enabling Permissionless Access to Treasury Yields

Ondo’s USDY token debuts on BNB Chain with instant minting and cross-chain bridges, allowing millions of users and AI agents to access permissionless, income-generating US dollar assets.

Woofun AI reports that Ondo has officially launched USDY, its tokenized US Treasury yield product, on the BNB Chain. The integration features instant minting and redemption capabilities alongside cross-chain bridge connectivity, eliminating the need for users to transfer assets from other networks. This deployment grants permissionless access to institutional-grade income assets for millions of DeFi participants and AI agents within the BNB ecosystem. Developers can now utilize USDY as collateral for lending, trading, and liquidity protocols, facilitating seamless integration with native applications while enhancing capital efficiency.