3 years, billions in TVL, and still growing.
USDY just turned 3, reaching $2.1 billion in market cap and now a top 3 tokenized Treasury.
Three years in, it's proven tokenized Treasuries can meet an institutional standard, while keeping the benefits tokenization offers:
→ Nearly 30,000 holders
→ Live across 6 blockchains
→ $8.5 billion transfer volume
→ Permissionless onchain transfers
→ 24/7 instant mint and redemption
USDY is a tokenized note backed by short-term U.S. Treasuries and bank deposits. It was one of the earliest signals that tokenization could reshape how financial products are issued, accessed, and used.