Ondo Finance, a prominent tokenized real-world asset (RWA) issuer, has announced the integration of its Ondo Short-Term U.S. Government Treasuries (OUSG) on the XRP Ledger (XRPL). Notably, this collaboration seeks to expand institutional-grade tokenized asset offerings in the blockchain space, providing 24/7 access to U.S. Treasury investments via Ripple USD (RLUSD), an enterprise-grade USD-denominated stablecoin.
Ondo Finance: Institutional Access to Tokenized U.S. Treasuries
The partnership between Ripple and Ondo Finance aims to address growing institutional demand for liquidity, efficiency, and transparency in financial markets. OUSG, backed by the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), can be minted and redeemed instantaneously, offering a new level of accessibility for institutional investors.
In addition, Ripple and Ondo have also secured commitments to seed OUSG liquidity to support the rollout and drive adoption on the XRPL.
“The 24/7 intraday settlement enabled by tokenized assets like OUSG marks a transformative shift in capital flow management, breaking free from traditional trading hours and slow settlements,” said Markus Infanger, Senior Vice President, RippleX. “These low-risk, high-quality liquidity options provide better accessibility for investors while introducing greater stability to blockchain-based markets.”
Why the XRP Ledger is a Natural Fit
Tokenized U.S. Treasuries are gaining significant traction, with the market projected to grow to $16 trillion by 2030. The XRPL’s native compliance features, such as Decentralized Identifiers (DIDs) and on-chain credential management, make it an ideal platform for institutions bringing traditional financial assets on-chain. Meanwhile the XRPL’s high throughput, low fees, and reliability offer scalable support for tokenized assets like OUSG.
Katie Wheeler, Vice President of Partnerships at Ondo Finance, emphasized the significance of this integration. “Ondo Finance is proud to bring OUSG, our institutional-grade tokenized U.S. Treasury fund, to the XRP Ledger, a blockchain that institutions already know and trust. This collaboration sets the groundwork for forward-thinking institutions to lead a new era of capital markets on-chain.”
Expanding the Tokenized Asset Ecosystem
The XRP Ledger, used by Ripple for over a decade, continues to evolve as a trusted blockchain platform for institutional-grade decentralized finance (DeFi). With features like tokenization, automated market makers (AMMs), and decentralized identifiers, it is well-positioned to support the growing adoption of tokenized RWAs.
