Tokenization of traditional assets on the blockchain
#OndoFinance has just announced it will expand the U.S. Treasury token OUSG program to the XRP Ledger, allowing financial institutions to buy and exchange tokens flexibly 24/7 through Ripple's RLUSD stablecoin.
This is an important step in the tokenization of real-world assets (RWA), as more and more investors seek traditional financial instruments on the blockchain to optimize liquidity and trading performance.
OUSG – U.S. treasury bond token worth 185 million USD
#OUSG is the token representing BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), providing yields from short-term U.S. government bonds. The deployment on the XRP Ledger is expected to be completed in the next 6 months.
Ondo Finance and Ripple collaborate on investment
Ondo Finance and Ripple are both committed to initial investments to provide liquidity for OUSG on the XRP Ledger, but have not disclosed specific figures.
Immediately after the announcement, the ONDO token increased by 4%, reflecting optimism from the investor community.
Tokenization of treasury bonds – A booming trend
The integration of traditional assets such as bonds, investment funds, and credit onto the blockchain is rapidly developing, making transactions faster and more transparent compared to traditional financial systems.
The total market value of digitized treasury bonds has quadrupled in the past year, reaching 3.5 billion USD, according to data from rwa.xyz.
Markus Infanger, Vice President of RippleX, commented:
"24/7 transactions on the blockchain help manage capital flows more effectively, providing high liquidity and reducing risks in the digital asset market."
OUSG – A safe liquidity option on the blockchain
OUSG is the second digital bond product on the XRP Ledger, following OpenEden’s TBILL. Previously, this token has been available on Ethereum, Polygon, and Solana.
This event demonstrates the increasingly strong trend of traditional finance gradually shifting to blockchain, opening up great opportunities for investors and financial institutions. 🚀