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Ondo US Dollar Yield

Is Ondo US Dollar Yield (USDY) halal or haram?

Not screened yet

We have not run our Shariah screening on Ondo US Dollar Yield yet, so we are not giving a ruling on this page. What is below is what we have gathered and checked ourselves, without any AI: where the coin lives, its supply, what its own blockchain says about who can freeze or create coins, and the project's own documents.

Screen USDY now Runs our full screening and publishes the verdict on this page.

What it is

Institutional-grade finance, delivered onchain — accessible to all.

The basics

Where it lives
token on ethereum (also on noble, mantle, tempo, sui, osmosis, mantra, solana, arbitrum-one, binance-smart-chain, plume-network, sei-v2, aptos, stellar)
Circulating supply
1,963,196,035 USDY
Total supply
1,963,196,035 USDY
Category
Tokenized Assets, BNB Chain Ecosystem, Solana Ecosystem

Who controls the coins

Read from the token's verified contract on Ethereum (0x96f6ef951840721adbf46ac996b59e0235cb985c) on 2026-09-19: mint lets a 4-of-7 multisig wallet (0x1a69…3ad7) create new tokens, with no cap in the code. It also has pause (held by a 4-of-7 multisig wallet (0x1a69…3ad7) and a 1-of-9 multisig wallet (0x2e55…a2cc)); what these allow is checked at screening. Its code can be replaced by whoever holds the upgrade power.

Whether anyone can freeze a holder's balance, or create new coins, is part of our screening. This much is read straight from the blockchain, so it is already established before any screening runs.

The project's own sources

Checked on 19 September 2026. Every address above was fetched once to confirm it loads.