# USDY

Native Cosmos issuance via Noble

##### Ondo's US Dollar Yield Token

USDY is a tokenized note secured by short-term US Treasuries and is currently yielding 4.2% APY (rates are subject to change). USDY is accessible to non-US individual and institutional investors and is transferable onchain 40-50 days after purchase.

USDY is designed to combine the accessibility of a stablecoin with high-quality, US-dollar-denominated yield. USDY’s innovative approach incorporates robust third-party oversight, a structure that maximizes bankruptcy remoteness and a daily mint/redeem mechanism.

##### Facts

Issuer  
Ondo USDY LLC  
Total Issuance  
$2,144,245,330  
Issuance on Noble  
$14,399,458

[Visit website\ 
\ ->](https://ondo.finance/)

##### Get USDY

[Learn More\ 
\ ->](https://ondo.finance/usdy)

##### Coindesk Announcement

[Read the Article\ 
\ ->](https://www.coindesk.com/business/2024/04/18/ondo-finance-brings-tokenized-treasuries-to-the-cosmos-ecosystem-with-noble-integration)