$ONDO is putting Treasury-backed yield directly into payments infrastructure.

USDY is now live on Tempo, bringing daily yield backed by short-term U.S. Treasuries to a payments-focused L1 incubated by Stripe and Paradigm.

→ 24/7 transfers
→ Stargate bridging
→ Payments + DeFi utility
→ Treasury-backed yield

The bigger play: yield-bearing RWAs are moving from investment products into the infrastructure powering everyday onchain finance.
- by DamiDefi