Asset Guide - USDY

Guide to USDY on Sei

What is USDY?

USDY (US Dollar Yield) is a yield-bearing dollar asset issued by Ondo Finance and available on Sei.

It is backed by short-term U.S. Treasuries and bank deposits, allowing it to generate yield that accrues directly to holders. Unlike traditional stablecoins, USDY is designed to provide both price stability and passive yield in a single asset.

Eligibility

USDY is only available to users outside the United States.

Please review Ondo’s eligibility page for the full list of jurisdiction-based restrictions: https://docs.ondo.finance/ondo-global-markets/eligibility#jurisdiction-based-restrictions

Where do I get USDY?

You can acquire USDY on Sei through:

• On-chain swaps via Sei based projects like Symphony.

• Bridging from other chains via cross-chain solutions like Stargate.

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The following are available as of Apr 21, 2026

Get USDY on Sei

Step 1: Complete Onboarding

• Open Ondo onboarding

• Connect wallet

• Complete required steps

Docs: https://docs.ondo.finance/ondo-global-markets/onboarding-and-kyc

Step 2: Swap for USDY

• Open Symphony

• Select token pair (e.g. USDC → USDY)

• Enter amount

• Confirm swap

Alternative: Bridge USDY In

• Open Stargate

• Select source chain

• Select Sei as destination

• Enter amount

• Confirm transaction

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Supply USDY on Yei

Supply USDY on Yei Finance to earn additional yield.

• Open Yei Finance page

• Connect wallet

• Select USDY market

• Click “Supply”

• Enter amount

• Confirm transaction

Notes

• USDY continues accruing base yield

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Bridge USDY Out of Sei

• Open Stargate

• Select Sei as source

• Select destination chain

• Enter amount

• Confirm transaction

Notes

• Destination support may vary