Ondo’s USDY Launches on Tempo With Transferable Yield Utility
Ondo Finance announced that its dollar yield token, USDY, is now available on Tempo, the L1 payments-focused blockchain incubated by Stripe and Paradigm.
The integration makes USDY the first permissionless tokenized treasury asset to operate on the Tempo network, designed specifically for stablecoin settlement, commerce, and cross-border value transfers.
USDY is now live on Tempo.@Ondo’s USDY pairs stablecoin-like utility with Treasury-backed yield. Because it is freely transferable for eligible holders, platforms can use it in Earn products, treasury balances, and payment flows where funds may otherwise sit idle. pic.twitter.com/Ug93Urg2rF
- Tempo (@tempo) August 27, 2026
Tempo was built with sub-second finality, stablecoin-denominated fees, and dedicated payment lanes that guarantee predictable execution of payrolls and disbursements, even during peak network activity.
On top of that infrastructure, USDY delivers yields backed by short-term U.S. Treasury bonds, available directly within payment flows, wallets, and corporate treasuries.
… Continue reading the full article at the original source below.
