USDY is folded into the Ondo Global Markets umbrella — Stablecoin Event

Connected records

Affected records

Assets and organizations connected to this event.

Sources

Sources used for this record, with archival copies where available.

3 source identities · 3 evidence relations
Source	Publisher and date	Relevance	Archive
USDY basics Source details Source category Official documentation or product page Provenance Subject-controlled source Primary or secondary Primary source Reliability High	Ondo Finance Published Not yet recorded	Tokenized Note, Backing Assets, Issuer Transition, Yield Accrual, Entity Backing and Current Issuer	Archive index or wildcard
USDY comparison to stablecoins Source details Source category Official documentation or product page Provenance Subject-controlled source Primary or secondary Primary source Reliability High	Ondo Finance Published Not yet recorded	Not Traditional Stablecoin, Secured Note, Bankruptcy Remote Structure, Legal and Product Classification	Archive index or wildcard
USDY important notes Source details Source category Official documentation or product page Provenance Subject-controlled source Primary or secondary Primary source Reliability High	Ondo Finance Published Not yet recorded	Non Us Restrictions, Securities Law, Professional Investor Limits, Eligibility and Legal Restrictions	Archive index or wildcard

Official documentation or product page

High

Publisher: Ondo Finance
Published: Not yet recorded
Provenance: Subject-controlled source
Primary or secondary: Primary source
Supported claims: Tokenized Note, Backing Assets, Issuer Transition, Yield Accrual, Entity Backing and Current Issuer
Archive: Archive index or wildcard
Reliability: High

Official documentation or product page

High

Publisher: Ondo Finance
Published: Not yet recorded
Provenance: Subject-controlled source
Primary or secondary: Primary source
Supported claims: Not Traditional Stablecoin, Secured Note, Bankruptcy Remote Structure, Legal and Product Classification
Archive: Archive index or wildcard
Reliability: High

Official documentation or product page

High

Publisher: Ondo Finance
Published: Not yet recorded
Provenance: Subject-controlled source
Primary or secondary: Primary source
Supported claims: Non Us Restrictions, Securities Law, Professional Investor Limits, Eligibility and Legal Restrictions
Archive: Archive index or wildcard
Reliability: High

Record details
Classification, review, and event-specific data

Record ID: sog_ev_usdy_ogm_transition_batch_h
Severity: High
Event type: Issuer Transition
Public category: Migration and rebrand
Lifecycle effect: Remained active
Recovery or reversal: Not applicable
Recovery date: Not yet recorded
Cause or mechanism: USDY's issuer-side structure moved from Ondo USDY LLC into the Ondo Global Markets umbrella while the product remained active.
Structured detail kind: Migration
Record confidence: High
Evidence relations: 3

Summary: USDY's issuer-side structure moved from Ondo USDY LLC into the Ondo Global Markets umbrella while the product remained active.

Maintenance

Use the documented correction path and methodology.