Ondo Finance has introduced its tokenized U.S. Treasury product on the XRP Ledger. The new OUSG product provides institutional investors with around-the-clock access to short-term U.S. Treasuries.
Launch of Tokenized Treasury Bonds
Ondo Finance officially launched its flagship product, Ondo Short-Term US Government Treasuries (OUSG), on the XRP Ledger (XRPL). With this launch, institutional investors can now access tokenized treasuries, allowing them to utilize premium assets for treasury management. "OndoFinance is delivering institutional-grade assets straight to the institutions by introducing Ondo Short-Term US Government Treasuries to the XRPL" — company representatives stated.
Impact on XRPL
OUSG debuted on XRPL with a total value locked (TVL) of $30 million, strengthening XRPL’s position as a hub for institutional-grade financial solutions. The integration with XRPL addresses longstanding issues in traditional finance, enabling intraday settlement and instant access to liquidity.
Market Trends
With the launch of OUSG, OndoFinance continues to lead in real-world asset tokenization with over $1.3 billion in TVL. OUSG alone manages more than $690 million. The cryptocurrency market is experiencing slight fluctuations, with XRP down 1% and ONDO down 2.5%, trading at $0.86 while XRP stands at $2.25.
The launch of the tokenized treasury bonds OUSG on XRPL opens new opportunities for institutional investors and confirms the effectiveness of tokenized assets in the modern financial system.
