Credit / Debit Card
Fee
Variable Fees
Processing Time
Usually within 1 minute, up to 48 hours
Minimum Purchase Amount
Starting from approx. 10–15 USD
Supported Regions
Subject to region, fiat currency, issuing bank, and payment channel support
How to Buy Ondo US Dollar Yield (USDY) on LBank
Learn how to buy Ondo US Dollar Yield (USDY) on LBank, including payment methods such as credit cards, debit cards, Apple Pay, and bank transfers, as well as the purchase process, preparations, and FAQs.
Step 1
Download the LBank App
Please download the LBank App and register to get started
Step 2
Fund your account
Deposit using your preferred payment method.
Step 3
Choose your cryptocurrency
Select the crypto you want to buy from over 3,000,000 cryptocurrencies available on LBank Exchange or Wallet.
Purchase Decision Overview
Bank Transfer / Local Transfer
Fee
Variable Fees
Processing Time
Depends on the payment method; some local channels may be faster
Minimum Purchase Amount
Starting from approx. 1–10 USD
Supported Regions
Subject to local payment channel support
Three Simple Steps to Buy USDY on LBank
How to Buy USDY on LBank: Payment Methods Overview
Explore the available payment methods for buying USDY on LBank, including credit card, debit card, bank transfer, Apple Pay, Google Pay, PayPal, and P2P, to quickly choose the most suitable way to buy USDY.
Credit / Debit Card
Processing Time: Usually within 1 minute; up to 48 hours
Use a Visa/Mastercard that supports international online transactions and ensure 3D Secure is enabled; if it fails, try a different card or try again later
Common Reasons for Failure: The issuing bank declined the cryptocurrency transaction; insufficient balance; 3D Secure verification failed; risk control interception; or region/card network not supported
Bank Transfer / Local Transfer
Processing Time: Instant or 1–3 Business Days
Verify the receiving account, reference code, and transfer network, and use a bank account consistent with your identity verification
Common Reasons for Failure: Incorrect receiving information or reference code; name mismatch; bank processing delay; or unsupported transfer network
What Do You Need to Prepare Before Buying Ondo US Dollar Yield (USDY) on LBank?
Check the preparations required before buying Ondo US Dollar Yield (USDY) on LBank, including account registration, identity verification (KYC), payment methods, regional availability, and pre-purchase precautions to help you smoothly complete the BTC purchase process.
Suitable for
Users who want to quickly buy USDY with fiat
Before You Buy: Checklist
Register and log in to your account
Complete required KYC
Prepare payment method
Confirm regional availability，Check limits / fees / processing time
User Path
Buy Crypto
How to Buy Ondo US Dollar Yield on LBank – Step-by-Step Guide
Before you begin, decide how you’d like to pay:
Pay with fiat
If you're new to crypto, using fiat currency (such as USD, EUR, etc.) is the easiest way to buy Ondo US Dollar Yield. LBank supports various payment methods, including debit cards, credit cards, bank transfers, and other local payment options where available. You may need to fund your LBank account before making a purchase.
Pay with other cryptocurrencies
If you already hold other cryptocurrencies, you can trade them for Ondo US Dollar Yield on LBank. Please make sure that LBank supports the trading pair you need (e.g., Bitcoin (BTC)). LBank offers a wide range of trading pairs, allowing you to conveniently convert your existing crypto into Ondo US Dollar Yield.
LBank supports multiple payment methods
You can use the following payment methods to purchase Ondo US Dollar Yield on LBank:
Mobile app guide
1
Open the LBank mobile app and tap “Buy Crypto”
2
Select “Buy”
3
Choose , enter the fiat currency you want to use, input the amount, then tap “Buy” or “Confirm”
Desktop guide
1
Log in to LBank on your desktop browser and click the “One-Click Buy” option.
2
Under the “One-Click Buy” tab:
(a). Choose the fiat currency you want to use
(b). Select the Ondo US Dollar Yield you want to purchase
(c). Enter an amount or use quick-select options (e.g., 100, 200, 500, max)
(d). Choose your payment method
(e). Click “Confirm” or “Buy now”
P2P Trading
Merchant | Price | Amount ｜ Limit | Payment Method | Action |
|---|---|---|---|---|
ON ONLY-MALAYSAN-MYR 1060 min | 100% | 1.000 USD | 3147.20 USDT 10.000 - 3000.000USD | Bank Transfer | |
MY MYR_ DUITNOW_MYR 873 min | 100% | 1.000 USD | 1209.99 USDT 100.000 - 1209.990USD | Bank Transfer | |
MA MALAYSIAN MYR_KING 719 min | 100% | 1.000 USD | 1168.25 USDT 10.000 - 1168.250USD | Bank Transfer |
What is Ondo US Dollar Yield (USDY)?
Ondo US Dollar Yield (USDY) is a yield-bearing stablecoin offered by Ondo USDY LLC, a part of the Ondo Finance decentralized finance (DeFi) solutions provider. Ondo Finance aims to make institutional-grade financial products and services accessible to a broader audience by bridging traditional finance with decentralized finance through tokenization of real-world assets. USDY was launched in August 2023. Its value tracks the US dollar and it is backed by short-term US Treasury bills and demand deposit reserves. The reserves and issuance of USDY are subject to regulatory controls. Ondo Finance has established a bankruptcy-remote mechanism for USDY, with a separate corporate entity controlling its issuance and oversight, including a board of directors with an independent director, and segregation of assets and reporting. USDY is designed to provide investors with a stable, yield-generating asset. Unlike traditional stablecoins that primarily serve as a means of transfer or storage of value, USDY is structured to offer consistent yield from its backing assets. The yields accrue to each unit of the token daily. For investors who prefer a fixed dollar rate, Ondo also offers rUSDY, a rebasing version of the stablecoin where yields are paid in the form of additional tokens. USDY is a composable asset that can be used in various DeFi ecosystems for purposes such as collateral, lending, borrowing, yield farming, payments, and derivatives trading. It is available on multiple blockchain networks including Ethereum, Solana, Arbitrum, Sui, Aptos, Mantle Network, Plume Network, and Noble, offering broad multichain coverage. Ondo's RWAHub protocol manages the subscriptions and redemptions of RWA tokens like USDY, interacting with third-party custodians who hold the underlying assets. Users can mint USDY by depositing USDC and requesting a subscription, with redemption working in reverse. The project emphasizes regulatory compliance, aiming to be more accessible to institutional investors. Learn more
Is Ondo US Dollar Yield (USDY) a good investment?
Whether Ondo US Dollar Yield (USDY) is a good investment depends on your personal financial situation and risk tolerance. Cryptocurrency investments are speculative and can be highly volatile.
Before investing in Ondo US Dollar Yield (USDY) or any cryptocurrency, consider the following:
Your financial goals
Are you seeking short-term gains or long-term growth?
Your risk tolerance
How much potential loss are you comfortable with?
Diversification
Don’t put all your eggs in one basket. Spread your investments across different types of assets.
Your goals and time horizon
Cryptocurrencies are best suited for long-term investors. Disclaimer: This is not financial advice. Please do thorough research before making any investment decisions.
Fees, limits, and processing time for buying USDY on LBank
Compare fees, transaction limits, and estimated processing times across different payment methods. Actual fees and availability may vary by region, fiat currency, payment method, and third-party providers. Please refer to the order page for final details.
ROI calculator
If I invest, how much profit will I make?
Invest
$
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Date
2026-05-27
You will earn $-- in profit, with an ROI of --
What can you do with Ondo US Dollar Yield (USDY)?
Investment
Buy and hold Ondo US Dollar Yield (USDY), expecting its value to increase over time.
Trade
Actively trade Ondo US Dollar Yield (USDY) on LBank to profit from price fluctuations.
Pay
Use Ondo US Dollar Yield (USDY) to pay for goods and services where accepted.
Why is LBank the best platform to buy Ondo US Dollar Yield (USDY)?
User-friendly interface
LBank offers a simple and intuitive platform for buying and selling Ondo US Dollar Yield (USDY).
Competitive fees
LBank provides competitive trading fees for Ondo US Dollar Yield (USDY).
Secure platform
LBank applies robust security measures to protect your funds.
Diverse trading pairs
LBank offers a wide range of trading pairs for Ondo US Dollar Yield (USDY).
24/7 customer support
LBank provides customer support to help you with any questions or issues.
Mobile app
Trade Ondo US Dollar Yield (USDY) anytime, anywhere using the LBank mobile app.
High liquidity
LBank offers excellent liquidity for Ondo US Dollar Yield (USDY) trading, ensuring you can easily buy and sell your crypto assets.
Regulatory compliance
LBank complies with all regulatory requirements in the jurisdictions where it operates to ensure a compliant and secure trading environment
After buying USDY, what is the best way to store it?
After buying USDY, you can choose a storage method based on your usage frequency, holding period, and security needs. If you need to trade at any time, you can store it in your LBank account. If you prioritize self-custody or long-term security, consider using a personal wallet or a hardware wallet.
Store in your LBank account
Suitable for
Users who want to trade or convert at any time
Short-term BTC holders
Features
Ready to use immediately after purchase; easier to use
Ideal for frequent trading, conversions, or using platform features
Security Alert
Please enable 2FA
Please set an anti-phishing code
Only log in through official channels
Transfer to a personal hot wallet
Suitable for
Users who want to manage their own assets
Users who need daily transfers or on-chain usage
Features
More flexible; convenient for daily transfers and management
Better suited for small holdings and everyday use
Security Alert
Do not store seed phrases or private keys in the cloud
Do not save sensitive information via chat tools, email, or screenshots
Stay alert for phishing websites and fake wallet apps
Transfer to a hardware wallet
Suitable for
Long-term BTC holders
High-value holders who prioritize security
Features
Private keys are stored offline, offering enhanced security
Ideal for long-term storage of infrequently moved assets
Security Alert
Securely back up seed phrases offline
Never disclose your recovery phrase to anyone
Assets may be irrecoverable if the seed phrase is lost
News section
MoreStable launches USDT yield vault StableEarn for institutions
Stable launched StableEarn with partners Morpho, Gauntlet, and Theo, offering USDT holders institutional-grade yield backed by Treasuries and real-world assets.The product targets USDT’s structural yield gap, as Tether keeps all reserve interest as profit rather than passing any return to token holders.Tether’s USDT supply stands at approximately $150 billion across 15 blockchains, the world’s largest stablecoin by circulation, but one that pays zero native yield to holders.
2026-05-26
Nathan Allman, founder and CEO of Ondo Finance, dies unexpectedly
Ondo Finance announced Monday that its founder and CEO, Nathan Allman, has died unexpectedly.Ondo’s president, Ian De Bode, will assume the role of CEO, the company said.
2026-05-26
Ondo US Dollar Yield (USDY) FAQ
USDY is a yield-bearing tokenized note issued by Ondo Finance, operating as an ERC-20 token on Ethereum and other networks. It blends the accessibility of a stablecoin with returns generated from traditional financial assets. This digital asset provides a secure, compliant way to access yield within the crypto ecosystem.
USDY is backed by short-term United States Treasuries and bank demand deposits. Yield accrues daily from these underlying assets, typically by increasing the token's redemption value. Ondo Finance ensures strong security and stability by maintaining a robust overcollateralization rate, where reserves significantly exceed the value of issued USDY.
Unlike traditional stablecoins, which primarily facilitate value transfer or storage without native yield, USDY is specifically designed to provide a consistent yield from its backing assets. It also prioritizes robust regulatory compliance and features a bankruptcy-remote structure, offering enhanced security and a distinct value proposition within the digital asset space.
Due to regulatory considerations, USDY is primarily accessible to qualifying non-U.S. individual and institutional investors. Potential investors must complete a Know Your Customer (KYC) or Know Your Business (KYB) verification process. This ensures compliance with global financial regulations and responsible participation in the Ondo ecosystem.
You can acquire USDY through fiat via wire transfer or by using USDC or USDT stablecoins. It is also available for trading on various decentralized exchanges (DEXs) and centralized exchanges, including LBank. This broad accessibility allows users multiple convenient methods to obtain USDY tokens.
Ondo Finance employs a bankruptcy-remote structure for USDY, involving a dedicated corporate entity for issuance and oversight, enhancing asset protection. It is designed to adhere to securities laws, incorporating transfer restrictions and mandatory KYC/KYB requirements. The protocol also leverages blockchain technology for transparency and smart contracts to enforce agreements, creating a secure and compliant framework.
