🇺🇸 Ondo Finance launches tokenized US Treasuries on XRP Ledger

💥 Ondo’s flagship fund, OUSG, is now available on XRP Ledger with instant mint and redeem operations via Ripple’s RLUSD stablecoin.

The initial issuance on XRPL amounted to $30 million, with OUSG’s total TVL already reaching ~$670 million.

– XRP Ledger is becoming a major platform for real-world asset (RWA) tokenization 🏦 – Investors gain instant access to US Treasuries directly from the blockchain

📈 The total market for tokenized treasury securities has already surpassed $7 billion, and Ondo ranks among the top three issuers, following BlackRock and Franklin Templeton.

$XRP