Gate to list Ondo U.S. Dollar Yield (USDY) on June 12

Spot trading in the USDY/USDT pair starts at 07:00 UTC, followed by convert trading at 08:00 UTC and withdrawals on June 13, 2026.

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USDY

Summary

Gate said it will list Ondo U.S. Dollar Yield (USDY), a yield-bearing token, for spot and convert trading. The exchange will open spot trading for the USDY/USDT pair on June 12, 2026, at 07:00 UTC, with convert trading starting at 08:00 UTC the same day. Withdrawals are scheduled to open on June 13, 2026, at 07:00 UTC, subject to the actual status of the asset. Gate described USDY as a yield-bearing token available natively across many of the largest blockchain networks and said it is accessible to non-US individuals and institutional investors.

Terms & Concepts
  • yield-bearing token: A token designed to generate yield for holders.
  • spot trading: Direct buying and selling of an asset for immediate settlement.
  • convert trading: A feature that swaps one asset for another at a quoted rate.