Ondo Finance has expanded access to its tokenized U.S. Treasuries fund, OUSG, by launching on the XRP Ledger (XRPL). This integration enables institutional investors to mint and redeem OUSG tokens 24/7 using the RLUSD stablecoin, leveraging XRPL’s native tokenization capabilities and decentralized exchange for efficient asset management.
OUSG tokenizes short-term U.S. Treasury securities and is backed by BlackRock’s BUIDL fund, providing transparent exposure to traditional financial assets. The deployment strengthens XRPL’s position in real-world asset tokenization, building on Ripple’s prior initiatives including agreements with Guggenheim Treasury Services.
XRPL’s enterprise-grade infrastructure supports the integration with built-in compliance mechanisms and decentralized identifiers (DIDs), ensuring regulatory-compliant trading. Ondo Finance reports $670 million in assets under management for OUSG, contributing to over $1.3 billion in total value locked across its platform.
Following the announcement, Ondo Finance’s ONDO token registered a 3.2% price increase, reflecting heightened market confidence in the partnership’s potential to advance institutional adoption of blockchain-based financial instruments.