A New Price Feed for Stellar's Growing RWA Ecosystem Oracle provider @redstone_defi has launched a USDY/USD price feed on @StellarOrg, backed by SEP-40 contract support. The integration means
Oracle provider @redstone_defi has launched a USDY/USD price feed on @StellarOrg, backed by SEP-40 contract support. The integration means protocols building on Stellar can now tap Ondo's yield-bearing, Treasury-backed token as collateral through a standardized data interface, without the need for custom oracle adapters.
Ondo's USDY is a permissionless yield-bearing token secured by short-term U.S. Treasuries and bank demand deposits. It is described as the world's first freely transferable yield-bearing token secured by U.S. Treasuries, accruing yield daily whether holders are staking, borrowing, pledging, or simply holding it.@Ondo framed the integration as an effort to build "more productive onchain dollars," opening the door for the token to be put to work across Stellar's DeFi ecosystem.
Stellar's Soroban cross-contract call model makes non-standard oracle integrations expensive: every custom adapter adds gas costs and complexity to each protocol that uses it, and without a shared interface, every new oracle integration requires custom work on both sides.SEP-40 addresses this with a unified interface that determines how the network's apps consume price data, independently of the provider used.
A protocol using SEP-40-compliant data can switch oracle providers without changing its own logic, making the ecosystem more composable and reducing long-term integration overhead for developers.
The USDY feed is part of a broader push by @redstone_defi on Stellar. RedStone has implemented the SEP-40 oracle standard and is delivering high-frequency price feeds for nine live RWA assets, spanning stablecoins, sovereign debt, and Bitcoin products.Stellar's tokenized asset market has now passed $2 billion.
For Stellar's DeFi layer, the addition of a reliable USDY price feed removes a key friction point. Stellar has long had a strong case for institutional issuance of real-world assets, but what was missing was the DeFi infrastructure needed to turn that issuance into active, liquid markets that institutional capital can actually use. A standardized oracle feed for a token like USDY is a step toward closing that gap.
Sources:RedStone: Reliability at Scale, the Data Standard for Stellar's RWA MomentOndo Finance: USDY OverviewCoinTelegraph: RedStone Launches Price Oracles on Stellar Mainnet
