KateCrypto
@katecrypto
Ondo Finance Launches Tokenized US Treasuries on XRP Ledger 💥 Ondo’s flagship fund — OUSG — is now available on the XRP Ledger with instant mint and redeem operations via Ripple’s stablecoin RLUSD. The initial issuance on XRPL is $30 million, while OUSG’s total TVL has already reached approximately $670 million. – XRP Ledger is becoming a serious platform for real-world asset (RWA) tokenization 🏦 – Investors gain instant access to US Treasuries directly from the blockchain 📈 The total market for tokenized Treasuries has now surpassed $7 billion, and Ondo ranks among the top three issuers, alongside BlackRock and Franklin Templeton.
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