# USDY Is Now Live on BNB Chain

Published: 2026-08-04T11:46:00.000Z

Author: Ondo Finance

Tags: USDY

URL: https://ondo.finance/blog/usdy-is-live-on-bnb-chain

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We're excited to announce that Ondo's U.S. Dollar Yield Token (USDY), a leading permissionless tokenized U.S. Treasuries token, is now live on BNB Chain with instant mint/redeem and a cross-chain bridging. Institutional-grade yield is now accessible permissionlessly on one of the world's largest and most active blockchain ecosystems.

This launch marks a significant step in USDY's multichain expansion, bringing yield-bearing dollar exposure to millions of users and AI agents across BNB Chain's deep DeFi ecosystem, all with the speed and capital efficiency of instant minting and redemptions.

Live now on BNB Chain and accessible across: 
1inch
Ledger
PancakeSwap
Li.Fi
CowSwap
Trust Wallet
LayerZero
A Flagship Ecosystem for Real-World Assets
BNB Chain is home to one of the largest DeFi user bases in the world, with hundreds of millions of wallet addresses, billions in daily transaction volume, and a thriving ecosystem of DEXs, AI agents, lending protocols, and consumer applications. For USDY, this represents an unparalleled opportunity to put yield-bearing dollar exposure in the hands of a global, active user base.

With USDY now natively supported on BNB Chain, users gain direct access to U.S. Treasury-backed yield without needing to bridge from another chain. 

Key unlocks for users:
Instant mint/redeem: For the first time, users can mint and redeem USDY instantly, eliminating wait periods and enabling capital-efficient position management across DeFi.
Yield-bearing dollar exposure: Users can hold USDY to access yield backed by short-term U.S. Treasuries, U.S. Treasuries and government securities funds, or cash instruments, combining sustainable yield with USD-based pricing.
Global access: Non-U.S. individuals and institutions can access tokenized Treasuries exposure natively on BNB Chain without intermediaries.
Seamless bridging: The cross-chain bridge allows users to move USDY freely between BNB Chain and other supported networks across the USDY ecosystem.


Key unlocks for developers:
Composability into DeFi primitives: USDY integrates with native BNB Chain applications, enabling yield strategies, treasury management, and capital markets products across the ecosystem.
Productive collateral at scale: With institutional-grade backing and instant liquidity, USDY can serve as reliable collateral in lending, trading, and liquidity-provision contexts across BNB Chain protocols.
Seamless integration: BNB Chain builders can integrate USDY as productive collateral, treasury assets, or yield primitives with minimal friction.
Expanding USDY's Multichain Growth
This deployment builds on USDY's growing footprint across leading blockchains, deepening accessibility and utility for users worldwide. With each new chain, USDY extends exposure to real-world yield into more ecosystems, reinforcing its role as a foundational RWA primitive in DeFi and agentic finance.