Ondo Finance , a leading issuer of tokenized real assets (RWA), is introducing tokenized U.S. Treasuries to the XRP Ledger (XRPL), expanding the institutional-grade product offering on the chain. Through this collaboration, institutional investors will have access to Ondo’s short-term U.S. Treasuries (OUSG) , backed by the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which can be instantly issued and traded 24/7 using Ripple USD (RLUSD) , an enterprise-grade USD-denominated stablecoin.
Ripple and Ondo have secured commitments to power OUSG liquidity during the initial rollout, further driving the adoption of tokenized RWA on XRPL. This is an extension of Ripple’s investment in tokenized U.S. Treasuries, building on its initial investment in OpenEden’s TBILL .
Tokenized US Treasuries like OUSG have experienced exponential growth, driven by institutional demand for liquidity, efficiency, and transparency in financial markets. The tokenized asset market is poised for explosive growth, with forecasts predicting it will reach $16 trillion by 2030. XRPL is uniquely positioned to enable institutions to integrate traditional financial assets onto the blockchain, providing enhanced security, verifiable trust, and new revenue-generating opportunities.