On the Rise of Institutional-Grade DeFi: Ondo Finance Launches Tokenized U.S. Treasuries on XRPL

Ondo Finance has launched its flagship tokenized U.S. Treasury product, OUSG, on the XRP Ledger (XRPL), marking a significant milestone in the development of decentralized finance for institutional investors. With this launch, qualifying buyers can now mint and redeem OUSG tokens at any time using RLUSD as the settlement asset, providing access to low-risk, short-term Treasury bills through tokenized money market funds.