Ondo Finance Brings Tokenized U.S. Treasuries to XRP Ledger

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Ondo Finance, a leading issuer of tokenized real-world assets (RWAs), has announced the integration of its tokenized U.S. Treasury product, Ondo Short-Term U.S. Government Treasuries (OUSG), onto the XRP Ledger (XRPL).

This collaboration aims to provide institutional investors with access to tokenized U.S. Treasuries backed by BlackRock’s USD Institutional Digital Liquidity Fund, facilitating round-the-clock minting and redemption using Ripple USD (RLUSD), a USD-backed stablecoin.

Ripple and Ondo have committed to seeding liquidity for OUSG upon launch, reinforcing the growing trend of tokenizing traditional financial instruments on decentralized platforms. The move builds on Ripple’s previous investments in tokenized U.S. Treasury solutions, including its partnership with OpenEden’s TBILL.

Institutional-Grade Solution Meets Growing RWA Demand

The integration of OUSG on XRPL responds to rising institutional demand for liquidity, efficiency, and transparency in financial markets. With forecasts projecting the tokenized asset market to reach $16 trillion by 2030, the XRP Ledger is positioning itself as a platform for institutions to bring traditional assets on-chain.

OUSG offers features such as daily interest accruals, low fees, and 24/7 subscription and redemption capabilities. It is managed under stringent know-your-customer (KYC) and anti-money laundering (AML) compliance protocols. The XRPL’s native compliance features, including Decentralized Identifiers (DIDs) and on-chain credential management, further enhance regulatory adherence.

Ripple’s XRPL Powers Institutional Adoption of DeFi

The XRP Ledger, a blockchain tailored for financial institutions, enables native tokenization, trading, escrow, and compliance measures. Its capabilities include a decentralized exchange (DEX), automated market maker (AMM), price oracles, and planned features like multi-purpose tokens and a lending protocol. For over a decade, Ripple‘s has leveraged XRPL for cross-border payments, asset custody, and stablecoin issuance.

Ondo Finance, the first tokenized U.S. Treasuries platform to surpass $600 million in total value locked, continues to expand its offerings for qualified investors. By integrating OUSG with the XRPL, Ondo seeks to address the growing need for scalable, low-risk liquidity solutions in global financial markets.

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