Key Highlights:
  • Ondo’s tokenized U.S. Treasuries product now available on the XRP Ledger

  • Institutional investors can mint/redeem using Ripple’s RLUSD stablecoin

  • XRPL adoption grows as more RWAs go onchain

  • Ondo’s OUSG product ranks in the top three tokenized treasury offerings

Ondo Adds XRP Ledger to Its Multi-Chain Treasury Platform

Ondo Finance has brought its flagship real-world asset product, OUSG, to the XRP Ledger, enabling investors to access short-term U.S. Treasuries using Ripple’s RLUSD stablecoin. The move is aimed at expanding access to institutional-grade fixed-income assets via blockchain infrastructure.

What is OUSG and Why It Matters

Launched in 2023, OUSG allows investors to earn yield on tokenized short-term U.S. debt instruments. With over $690 million in assets under management, it is one of the largest decentralized finance (DeFi) products tied to real-world financial instruments. Ondo’s focus is on making institutional-grade investments more accessible and more efficient via blockchain.

XRPL's Growing Role in Real-World Asset Tokenization

XRP Ledger becomes the fourth chain to support OUSG, following Ethereum, Polygon, and Solana. This marks a significant expansion for XRPL, which is increasingly being used for financial products. Guggenheim’s digital commercial paper also launched on XRPL this week, reinforcing the trend.

Efficiency and Liquidity Driving Institutional Interest

Tokenization offers key benefits like 24/7 settlement and reduced liquidity friction compared to traditional platforms. While XRPL still represents a small share of the overall RWA market, Ondo’s integration is a strong signal of increasing institutional confidence in blockchain-based financial products.

Read the full article on theblock.