USDY
Ondo US Dollar Yield
- Yield-bearing design
- 15 tracked chain deployments
- Ankura Trust reserve attestations
Ondo US Dollar Yield (USDY) vs Circle USYC (USYC)
Ondo US Dollar Yield and Circle USYC are two widely followed stablecoins. Both target the US Dollar. They share a centralized (cefi) governance model. Both use real-world-asset-backed designs. Both are yield-bearing or yield-forward designs, so raw APY needs to be weighed against issuer, collateral, and liquidity risk. This static comparison highlights structural differences before you open the live Pharos compare tool.
Comparison brief
USDY has 15 tracked deployments, while USYC has 3. Both sit in the RWA cohort. Use the rows below to separate headline market share from the mechanics that matter during stress: redemption path, reserve signal, blacklistability, and venue depth.
USYC
Circle USYC
- Yield-bearing design
- 3 tracked chain deployments
- Cohen and Company reserve attestations
At a glance
Static structural differences between the two stablecoins before you switch to the live comparison tool.
| Metric | USDY | USYC |
|---|---|---|
| Safety Score (as of 2026-10-24) | C 55/100 | C 57/100 |
| Governance | Centralized (CeFi) | Centralized (CeFi) |
| Backing | RWA | RWA |
| Peg target | US Dollar | US Dollar |
| Yield-bearing | Yes | Yes |
| Governance + backing lens | Centralized (CeFi) / RWA | Centralized (CeFi) / RWA |
| Blacklist controls | Issuer blacklist controls | Issuer blacklist controls |
| Reserve signal | Ankura Trust attestations | Cohen and Company attestations |
| Tracked chains | 15 deployments | 3 deployments |
Source: checked-in StablecoinMeta profile fields in the current Pharos build. Static deployment counts and reserve-provider labels are structural context; open the live detail and compare tools for current market, peg, liquidity, and reserve freshness.
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USDY vs USYC FAQ
What is the main difference between USDY and USYC?
Ondo US Dollar Yield (USDY) and Circle USYC (USYC) share the same broad governance and backing labels in Pharos, so the useful comparison is in the live details: peg history, liquidity depth, reserve signal, issuer controls, chain deployments, and dependency exposure.
Which is safer: USDY or USYC?
In the Pharos Safety Score release of 2026-10-24, USDY held a C Safety Score grade (55/100) and USYC held a C Safety Score grade (57/100). Safety is not decided by ticker alone. Use this static page for the structural comparison, then open the live USDY vs USYC compare tool and Safety Scores page for current V10 Backing, Exit, and Economic Control pillars plus peg behavior, dependency exposure, evidence quality, and structural caps.
Where can I compare current USDY and USYC data?
Open the live USDY vs USYC comparison from this page to see current peg behavior, liquidity, flows, and Safety Scores. Use this brief to understand the structural differences, then check each coin's latest evidence before making a decision.