Ondo US Dollar Yield (USDY) stablecoin analytics
USDY is Ondo's yield-bearing dollar token, backed by short-term U.S. Treasuries and bank demand deposits; non-U.S. investor permissioned.
Static Profile
Static stablecoin profile
Ondo US Dollar Yield (USDY) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Jun 3, 2026
Ondo's USDY carries a C+ safety grade, and the spread of its sub-scores explains the discount better than any headline figure: pristine, very-low-risk collateral on one side, a centralized governance posture and thin tradeable depth on the other. The backing is about as clean...
AI summary · drafted by claude-opus-4-8 · reviewed by @TokenBrice on Jun 3, 2026 · facts as of Jun 3, 2026
- Collateral
- Short-term U.S. Treasuries, iShares Short Treasury Bond ETF shares, and bank demand deposits
- Peg Mechanism
- Bank wire redemption at NAV-based price with independent verification and collateral agent oversight
- Jurisdiction
- British Virgin Islands
- Proof Of Reserves
- Independent Audit by Ankura Trust Reserve source
Snippet Answer
Is USDY safe?
Pharos does not mark USDY as absolutely safe. Static metadata says Ondo US Dollar Yield uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Ankura Trust; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety usdy-ondo-finance
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Jun 3, 2026.
USDY quick answers
What is Ondo US Dollar Yield (USDY)?
USDY is Ondo's yield-bearing dollar token, backed by short-term U.S. Treasuries and bank demand deposits; non-U.S. investor permissioned. The static profile records its US Dollar peg mechanism as: Bank wire redemption at NAV-based price with independent verification and collateral agent oversight
What backs USDY?
Pharos classifies USDY backing as Real-World Asset Backed. Collateral, per the static profile: Short-term U.S. Treasuries, iShares Short Treasury Bond ETF shares, and bank demand deposits Reserve evidence: Independent Audit from Ankura Trust.
Can USDY be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for USDY, when applicable, appear in the dossier below.