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Wire · technology

Ondo's USDY goes live on BNB Chain with instant minting

4 August 2026 · By · Wire by Fusion42

Published

4 August 2026

Topic

technology

◆ Sectors

Crypto & Web3Fintech

◆ Geography

United States

◆ Source

Read at sg.finance.yahoo.com →

◆ Verified

Fusion42 · 5 August 2026 · Fusion42 review

Ondo Finance launched USDY, a U.S. Treasury-backed yield token, on BNB Chain, enabling instant minting and redemption for the first time and introducing a cross-chain bridge for token transfers.

This Wire brief sits within Fusion42's coverage of Crypto & Web3 and Fintech.

◆ ◆ The Wire takeaway

You gain new market access on BNB Chain with USDY's instant minting and cross-chain capabilities. Liquidity and user acquisition can accelerate quickly if you integrate or build on this token's DeFi presence.

◆ Coverage

1 source · 4 Aug 2026

◆ Related on Wire

◆ Topics

Crypto & Web3Fintechdefitokenizationblockchainbnb-chainyield-tokencross-chain