$ONDO Finance has moved its flagship product, tokenized short-term US government bonds (OUSG), to the XRP Ledger. Now qualified investors can issue and redeem OUSG around the clock using the stablecoin RLUSD from #Ripple .
This is the first case where tokenized US bonds have become directly available through XRPL, bringing traditional assets closer to the infrastructure of institutional DeFi.
Integration with #XRPL provides continuous access to capital and instant transactions with OUSG, while RLUSD acts as the primary settlement tool for the RWA sector.
OUSG provides access to short-term US government bonds through institutional money market funds with low risk. Currently, $30 million is already placed in the OUSG pool on XRPL, and Ondo Finance's total TVL in tokenized assets exceeds $1.3 billion.
Institutionals are entering XRPL with real assets
Senior Vice President of RippleX Marcus Infanger stated that the launch of OUSG is an important step. Now institutional investors can rely on reliable assets on public blockchains - in the emerging market of tokenized assets, we are already talking about US government bonds, not debt notes.
According to Ian de Bode, Director of Strategy at Ondo, the integration of OUSG with XRPL opens access to a more flexible financial infrastructure and expands coverage among institutional players.
OUSG is already available on the Ethereum $ETH and Solana $SOL networks, where more than $670 million is under management. This is one of the largest products based on US government bonds, alongside offerings from BlueRock and Franklin Templeton, which place assets in the funds BUIDL, FOBXX, WTGXX, and ULTRA.
The launch on XRPL confirms that the network is becoming increasingly convenient for institutions, and RLUSD is transcending its role as a payment tool, transforming into a link between traditional assets and on-chain finance with sustainable liquidity and regulatory compliance.
