Overview
Founded in 2021 by Nathan Allman, Ondo Protocol is a decentralized finance (DeFi) platform focused on tokenizing traditional financial products. It bridges the gap between blockchain technology and real-world financial markets by offering yield-bearing tokens and access to tokenized securities. Ondo’s ecosystem enables individual and institutional investors to interact with U.S. Treasuries, ETFs, and other assets in a regulated and efficient manner. The protocol is built around compliance with Know-Your-Customer (KYC) regulations, anti-money laundering (AML) requirements, and risk isolation mechanisms.
Key Products
USDY
USDY is a stablecoin alternative backed by U.S. Treasuries and demand deposits, offering yield similar to savings accounts. It allows investors to earn interest while benefiting from the flexibility of blockchain transfers. Unlike traditional stablecoins, USDY accumulates value daily through automatic reinvestment of yields. Due to its compliance-oriented design, USDY becomes transferable only 40-50 days after the initial deposit to satisfy regulatory requirements. The token is available







