Inside Ondo Finance: How OUSG and USDY Tokenize US Treasuries Through Distinct Legal Frameworks
Ondo Finance's OUSG and USDY offer tokenised US Treasury exposure through two separate legal structures built for different investor profiles.
➤ Ondo Finance offers two distinct tokenized US Treasury products: OUSG for Qualified Purchasers via a Delaware limited partnership structure, and USDY for non-US investors as a secured debt instrument under Regulation S. ➤ OUSG invests in BlackRock's BUIDL fund, while USDY is backed by US Treasuries and bank deposits held by a special purpose vehicle, with both products undergoing rigorous compliance and audits. ➤ The article emphasizes understanding the underlying legal frameworks and financial products rather than solely focusing on the ONDO token price, highlighting Ondo's institutional-grade approach.














