Ondo USDY Jumps 66% As Ethena sUSDe Sheds $2B
Yield-bearing stablecoins shed $3.5B in Q2 2026 as Ethena’s sUSDe fell 52%. Ondo’s USDY jumped 66%, marking a rotation from synthetic to RWA yield.
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Ondo’s $3.7B Monthly Volume Shows RWAs Are Moving On-Chain
Ondo Finance processed $3.7B in monthly transfer volume, up 38%. Here is what surging RWA on-chain activity means for a $1,000 wallet.
