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XRPL Adds ...
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Coindoo

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XRPL Adds Real-World Asset Access Through OUSG

  • Ripple announced on June 11 its integration of real-world assets into the XRPL ecosystem through OUSG.
  • Investors can now deal directly on-chain using RLUSD, Ripple's stablecoin, to mint and redeem OUSG for 24/7 exposure to short-term U.S. Treasuries.
  • RLUSD facilitates instant treasury transactions, enhancing the settlement and trading of OUSG within the network.
  • The integration aims to boost efficiency in cross-network liquidity, making RLUSD a crucial utility tool for XRPL's financial services.
  • Ripple and Ondo inject liquidity to support trading activity and drive institutional on-chain finance.
  • This collaboration merges tokenized Treasuries with a public blockchain, offering institutions a regulated path to asset exposure.
  • The XRPL's enhanced position as a real-world asset hub is reinforced with liquidity support and 24/7 settlement, aligning with Ripple's strategy for institutional DeFi adoption.

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