On the XRP Ledger, Ondo Finance has launched its tokenized short-term U.S. Treasury product, OUSG, a major step forward in bringing crypto finance to institutional investors. This launch, facilitated by Ripple’s technology infrastructure, aims to streamline access to this asset class and enhance liquidity. The initiative targets institutions with 24/7 access to U.S. Treasuries through the XRP Ledger’s RLUSD stablecoin for seamless transactions. Ondo’s CEO, Nathan Allman, former Goldman Sachs executive, emphasizes bridging traditional finance with DeFi infrastructure. This move could increase on-chain activity and potentially influence wider DeFi adoption, as institutional players seek secure, efficient blockchain-based financial products.