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- Ondo partners with TruBit to expand USDY access across key Latin American markets via a major crypto payment and trading platform.
- USDY combines stablecoin-like value storage with regulated yield from tokenized U.S. Treasury bonds for global investors.
Ondo Finance is getting serious about establishing its influence in the Latin American region. Recently, they have announced a partnership with TruBit Global—a widely known crypto payment and trading platform in the region. Through this collaboration, Ondo’s yieldcoin called USDY is now available directly to TruBit users in countries such as Mexico, Brazil, Colombia, Argentina, and Peru.
1/ We’re excited to announce that @TruBit_Global, a leading crypto payment and trading platform in Latin America, has added support for Ondo’s market-leading yieldcoin, $USDY. pic.twitter.com/KXPAstFg2r
— Ondo Finance (@OndoFinance) May 12, 2025
Ondo Finance Brings TradFi Into Crypto
What’s so special about USDY? This token is designed to store value like a stablecoin, but still generates an annual return of 4.25%. The way it works is based on tokenized US government bonds. So, instead of just storing funds, users can store while “doubling” them in a fairly safe way.
Not only that, the entire process is designed to comply with applicable regulations. In fact, as we previously reported, Ondo representatives are known to have had direct discussions with the SEC’s Crypto Task Force to discuss the legality of tokenizing government bonds. This is not a casual strategy, but a serious approach to combining the world of crypto and traditional finance responsibly.
Bringing Wall Street On-Chain, One Step at a Time
If you think this is just an ordinary token launch, take a look at the latest data. Total Value Locked (TVL) in Ondo Finance grew 65% in just the first four months of this year.
In addition to USDY, Ondo has also partnered with financial giants like BlackRock through the BUIDL Fund to strengthen their foundation in the real-world asset tokenization sector. And the results are clear—Ondo is now increasingly being seen as a pioneer in the Real World Assets (RWA) sector.
On the other hand, technology development is also their main focus. On May 1, 2025, Ondo announced the launch of Ondo Bridge—a bridge solution for asset transfers between Ethereum and Solana networks built on LayerZero. This solution is designed not just for retail users, but to meet the standards commonly used by large institutions.
Then in early February, Ondo also introduced Ondo Global Markets, a platform that allows public securities such as stocks and ETFs to be converted into on-chain assets. Just imagine, buying shares of a large company but using a crypto wallet. That’s not just talk, but it’s starting to be executed slowly.
Furthermore, Ondo’s expansion steps through TruBit could be a gateway to introduce the yieldcoin concept to people who do not yet have access to high-yielding financial products.
Meanwhile, as of press time, ONDO is swapped hands at about $1.02, up 2.36% over the last 24 hours and 17.54% over the last 7 days.
