USDY

USDY|USDY|Other
$1.00
AUM / TVL
100M
Yield
5.05%
Chains
1
Holders
5.2K
Launched
07/10/2023
AAA
930 / 1000
Very High Safety
Analyst Verified
Reviewed Jan 15, 2026
“

Strongest technical implementation with Chainlink CCIP and Morgan Stanley custody, despite transfer lockups.

Credit Risk(20%)
188 / 200
Smart Contract Risk(20%)
185 / 200
Custody Risk(20%)
175 / 200
Oracle Risk(15%)
132 / 150
Liquidity Risk(12.5%)
120 / 125
Regulatory Risk(12.5%)
130 / 125

Key Strengths

  • **Yield Access**: 3.63% APY from Treasuries/deposits, accumulates for compounding.
  • **Low Barriers**: 1 USDC min for subscription.
  • **Multi-Chain**: 9 networks with $26M volume.
  • **Collateral Agent**: Morgan Stanley safeguards.

Key Considerations

  • **Allocation**: 10-25% for offshore yield.
  • **Reg**: Reg S good for non-U.S.; monitor global stablecoin rules.
  • **Growth**: Chain expansions could +30% AUM.
  • **Tax**: Accumulations defer; consult for jurisdictions.

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Disclaimer: Informational Purposes Only

The Onyx Risk Score and all data presented on this page are for informational purposes only and do not constitute financial, investment, legal, or tax advice. Past performance and risk assessments do not guarantee future results.

RWA Flows is not a registered investment advisor or credit rating agency. Always conduct your own due diligence and consult qualified professionals before making investment decisions.