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Ripple’s Stablecoin Enables Ondo’s $670M Tokenized Treasury Access on XRPL

  • Ondo Finance launches tokenized U.S. Treasury product, OUSG, on the XRP Ledger.
  • OUSG has a total value of over $670 million and allows Qualified Purchasers to subscribe and redeem tokens using RLUSD, Ripple's stablecoin.
  • The XRP Ledger has features for institutional tokenized treasuries like tokenization support, a decentralized exchange, and compliance tools.
  • Ripple and Ondo provide liquidity for early adoption of tokenized treasuries.
  • Institutions are moving real-world assets onto public blockchains, with Ondo Finance being active in pushing tokenized treasuries.
  • XRPL offers new liquidity and settlement options for institutions with tokenized treasuries, enhancing capital efficiency.
  • Tokenized treasuries onchain are widely adopted real-world assets due to their lower risk and high utility.
  • Bringing OUSG to XRPL enables faster fund redeployment and greater capital efficiency, particularly across borders.
  • XRPL's upcoming features like lending support and permissioned domains are expected to further boost growth.
  • Ripple and Boston Consulting Group predict a $19 trillion tokenized asset market by 2033 in a joint report.
  • Ondo's OUSG is one of the largest tokenized U.S. Treasury products.
  • Ondo Finance is actively involved in advancing tokenized treasuries, with over $1.3 billion in total value locked across products.
  • Other asset managers like BlackRock and Franklin Templeton have also launched similar tokenized products.
  • XRPL enables access to institutional tokenized treasuries through seamless minting and redemptions via Ripple's RLUSD stablecoin.
  • The shift towards tokenizing real-world assets on public blockchains marks a growing trend in the financial industry.
  • Ondo Finance and Ripple are facilitating liquidity and settlement efficiency for tokenized treasuries on XRPL.

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