Gate News reports that, according to Gate’s official announcement on June 12, 2026, Gate is about to launch spot trading and flash exchange trading for Ondo U.S. Dollar Yield (USDY). The USDY/USDT trading pair will open for spot trading at 15:00 (UTC+8) on June 12, 2026, and for flash exchange trading at 16:00 (UTC+8) on June 12, 2026. The withdrawals function is expected to open at 15:00 (UTC+8) on June 13, 2026.
USDY is an interest-bearing token that natively supports multiple mainstream blockchain networks. Individual and institutional investors outside the United States can buy and use it. The project’s official website is https://ondo.finance/, and the USDY contract address is 0x96F6eF951840721AdBF46Ac996b59E0235CB985C.