Today’s USDY Price
As of the latest update, the Ondo US Dollar Yield (USDY) price stands at $1.094, reflecting a +0.76% increase in the past 24 hours. With a market capitalization of $636.004 million and a 24-hour trading volume of 499K USDY, this stablecoin alternative continues to gain traction among investors seeking yield-bearing dollar-pegged assets.
Key Highlights:
- Current Price: $1.094
- 24h Trading Volume: 499K USDY
- Market Cap: $636.004M
- Circulating Supply: 581M USDY
- 24h Price Change: +0.46%
👉 Track USDY’s latest price movements
USDY Price History
Understanding USDY’s historical performance helps investors gauge its stability and growth potential. Below is a snapshot of recent trends:
| Period | Price Change | % Change |
|---|---|---|
| Today | +$0.005044 | +0.46% |
| 30 Days | +$0.000445 | +0.04% |
| 60 Days | -$0.02747 | -2.45% |
| 90 Days | -$0.00586 | -0.53% |
Market Performance Snapshot
- 24h Low: $1.081
- 24h High: $1.10
- All-Time High (ATH): $1.26
USDY Market Insights
Why Invest in USDY?
- Stability with Yield: Unlike traditional stablecoins, USDY offers yield accrual, making it attractive for passive income seekers.
- Growing Adoption: Ranked #130 in market popularity, USDY is gaining visibility among DeFi and institutional investors.
- Transparent Metrics: No hidden supply mechanisms—current circulating supply is 581M USDY.
👉 Discover how USDY compares to other yield-bearing assets
USDY Price Prediction
Crypto price predictions analyze historical data, market trends, and macroeconomic factors to estimate future valuations. While USDY’s price forecasts vary, key considerations include:
– Regulatory developments affecting yield-bearing stablecoins.
– Adoption growth in DeFi protocols and institutional portfolios.
– Macroeconomic shifts influencing demand for dollar-pegged assets.
For detailed projections, review our USDY Price Forecast Analysis.
Frequently Asked Questions (FAQ)
1. Is USDY a Stablecoin?
Yes, but with a twist—it’s a yield-bearing stablecoin, meaning holders earn interest over time while maintaining a dollar peg.
2. How Does USDY Maintain Its Peg?
USDY uses a combination of reserve-backed mechanisms and algorithmic adjustments to stabilize its value near $1.00.
3. Where Can I Buy USDY?
USDY is available on major exchanges, including LBank and platforms supporting yield-focused assets.
4. What’s USDY’s Inflation Rate?
Unlike inflationary cryptos, USDY’s supply is controlled to balance yield payouts and price stability.
5. Can USDY’s Yield Beat Traditional Savings?
Historically, USDY’s yield outperforms traditional bank savings rates, but risks include smart contract vulnerabilities.
6. What’s the Long-Term Outlook for USDY?
Analysts suggest USDY could thrive as DeFi adoption grows, though competition from other yield-stablecoins remains fierce.
Final Thoughts
Ondo US Dollar Yield (USDY) merges stability with yield generation, offering a unique proposition in the crypto market. Whether you’re a DeFi enthusiast or a risk-averse investor, tracking USDY’s real-time data and trends is crucial for informed decisions.
👉 Stay updated with USDY’s latest developments
Note: All data is sourced from real-time market feeds and updated regularly.