On-Chain U.S. Treasuries: Ondo Finance Expands to XRP Ledger with Ripple’s RLUSD

Ond Finance has launched its tokenized U.S. Treasury product, the Ondo Short-Term U.S. Government Treasuries (OUSG), on the XRP Ledger (XRPL). This move marks a significant step forward for institutional finance utilizing blockchain technology. The launch allows qualified investors to mint and redeem OUSG directly using Ripple’s enterprise-grade stablecoin, RLUSD. This integration brings real-world, yield-generating assets onto XRPL, facilitating 24/7 access, near-instant settlement, and enhanced capital efficiency for institutional investors. )