Ondo Finance is bringing a major innovation to the XRP Ledger (XRPL) by launching its tokenized U.S. Treasury fund, Ondo Short-Term U.S. Government Treasuries (OUSG), on this enterprise-focused blockchain. This move marks a significant step in bridging traditional finance with blockchain technology, offering institutional investors seamless access to high-quality, compliant real-world assets (RWAs) on chain.
Tokenized U.S. Treasuries on XRPL
OUSG represents short-term U.S. Treasuries backed by the BlackRock USD Institutional Digital Liquidity Fund. By deploying OUSG on XRPL, Ondo Finance is enabling qualified investors to mint and redeem tokens instantly 24/7 using Ripple’s RLUSD stablecoin. This integration removes traditional market constraints such as limited trading hours and slow settlement times, allowing near-instantaneous intraday settlements and redemptions.
Read More : https://onthenode.com/cryptocurrency/unlocking-institutional-finance-ondo-finance-brings-tokenized-u-s-treasuries-rwas-to-the-xrp-ledger
Tokenized U.S. Treasuries on XRPL
OUSG represents short-term U.S. Treasuries backed by the BlackRock USD Institutional Digital Liquidity Fund. By deploying OUSG on XRPL, Ondo Finance is enabling qualified investors to mint and redeem tokens instantly 24/7 using Ripple’s RLUSD stablecoin. This integration removes traditional market constraints such as limited trading hours and slow settlement times, allowing near-instantaneous intraday settlements and redemptions.
Read More : https://onthenode.com/cryptocurrency/unlocking-institutional-finance-ondo-finance-brings-tokenized-u-s-treasuries-rwas-to-the-xrp-ledger
| 12,000 mlx | |
| 65 | |
| 4 |