Ondo Finance brings 24/7 access to Tokenised US Treasuries on the XRP Ledger The Block – Crypto News

Ondo Finance, a tokenised real-world asset (RWA) issuer, is bringing tokenised US Treasuries to the XRP Ledger (XRPL), expanding the breadth of institutional-grade products onchain.

Through this collaboration, institutional investors will gain access to Ondo Short-Term U.S. Government Treasuries (OUSG), backed by the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which can be instantaneously minted and redeemed 24/7 using Ripple USD (RLUSD), an enterprise-grade, USD-denominated stablecoin.

Ripple and Ondo have secured commitments to seed OUSG liquidity upon initial deployment, driving further adoption of tokenised RWAs on the XRPL. This is an expansion of Ripple’s investments in tokenised U.S. Treasuries, building on its initial investment in OpenEden’s TBILL.

Tokenised US Treasuries like OUSG have seen exponential growth, driven by institutional demand for liquidity, efficiency, and transparency in capital markets. The tokenised asset market is set for explosive growth, with forecasts predicting it will reach $16 trillion by 2030. The XRPL is uniquely positioned to enable institutions to bring traditional financial assets onchain, offering enhanced security, verifiable trust, and new revenue-generating opportunities.

By bringing OUSG to the XRPL, Ondo Finance is addressing this demand with an onchain solution that offers:

• Institutional-grade security: OUSG is backed by short-term U.S. Treasuries managed with stringent KYC and AML compliance. Additionally, the XRPL is built with native compliance features such as Decentralized Identifiers (DIDs) and onchain credential management to enable regulatory adherence.
• Accessible liquidity: OUSG and RLUSD provide institutional investors with high-quality, low-risk liquidity solutions, enabling efficient portfolio management and greater accessibility to tokenised US Treasuries.
• Scalable decentralised blockchain technology: The XRPL’s high throughput, low fees, and reliability enable seamless tokenisation and trading of RWAs.

“The 24/7 intraday settlement enabled by tokenised assets like OUSG marks a transformative shift in capital flow management, breaking free from traditional trading hours and slow settlements,” said Markus Infanger, senior VP, RippleX.

“These low-risk, high-quality liquidity options not only provide better accessibility for investors but also introduce greater stability to blockchain-based markets. By addressing key barriers with Ondo Finance, this innovation supports the broader adoption of DeFi and positions the XRPL as a cornerstone for institutional-grade financial solutions.”

“Ondo Finance is proud to bring OUSG, our institutional-grade tokenised US Treasury fund, to the XRP Ledger, a blockchain that institutions already know and trust,” said Katie Wheeler, VP of Partnerships at Ondo Finance. “This integration is the natural convergence of a compliance-first, yield-bearing product with a network purpose-built for institutional adoption, setting the groundwork for forward-thinking institutions to lead a new era of capital markets onchain.”

Ondo Finance is the first tokenised US Treasuries platform to surpass the $600m total value locked (TVL) milestone. OUSG marked a milestone as the first tokenised US Treasuries fund and offers qualified investors instant 24/7 subscriptions and redemptions, daily interest accruals, low fees, and multi-chain availability.

The XRP Ledger (XRPL) is tailored to meet the requirements of traditional financial institutions, offering native features like tokenisation, trading, escrow, compliance and seamless asset movement – foundational for RWA tokenisation and institutional DeFi. Ripple has leveraged the XRPL for over a decade to power cross-border payments, digital asset custody, and stablecoin issuance. Leveraging its comprehensive set of features – including the first native decentralised exchange (DEX), Automated Market Maker (AMM), Decentralised Identifiers (DIDs), Price Oracles, and forthcoming advancements like Multi-Purpose Tokens (MPTs), Permissioned Domains, and a Lending Protocol – the XRPL continues to expand its capabilities, solidifying its position as a trusted blockchain for institutional-grade DeFi.

Want to learn more about blockchain from industry leaders? Check out Blockchain Expo taking place in Amsterdam, California and London.

Explore other upcoming enterprise technology events and webinars powered by TechForge here.

Tags: Ondo Finance, tokens, XRP