The expansion allows institutional investors to mint and redeem OUSG tokens around the clock on XRP Ledger using Ripple's RLUSD stablecoin.

Ripple Labs and Ondo Finance have announced a partnership to bring tokenized U.S. Treasury securities to the XRP Ledger (XRPL). The collaboration will reportedly see Ondo Finance’s $185 million US Treasury token,

Ondo Finance partners with XRP Ledger to introduce tokenized U.S. Treasury debt products, enabling 24/7 minting and redemption via Ripple USD (RLUSD). This move bridges traditional debt markets with blockchain technology,

Ondo Finance will launch its OUSG fund on the XRP Ledger. The partnership with Ripple expands accessibility to tokenized US Treasuries funds to institutional investors. Ripple introduced OpenEden’s TBILL on XRPL in August last year.

Ondo Finance is innovating within the DeFi space by bringing its tokenized U.S. Treasury fund, the Ondo Short-Term U.S. Government Treasuries (OUSG) to the XRP Ledger. Now announced on 28 January 2025,

Ripple is advancing its blockchain offerings through a strategic partnership with Ondo Finance, a leading tokenized real-world asset (RWA) issuer.

In other news, Ripple partnered with Ondo Finance, a tokenized real-world asset platform, to expand its Ondo Short-Term US Government Treasuries (OUSG) — which is currently backed by BlackRock's BUIDL fund — to the XRP Ledger.

Ondo Finance is bringing its US Treasury Fund OUSG to the XRP Ledger as it seeks to leverage the high throughput and the massive institutional user base of the latter.

Ondo Finance and XRP Ledger are collaborating to introduce the Ondo Short-Term US Government Treasuries (OUSG) token, backed by BlackRock's USD Institutional Digital Liquidity Fund. This move aims to provide qualified investors with instant token minting and redemption capabilities around the clock.

Ondo Finance launches tokenized US Treasuries on XRP Ledger, enabling institutional access through BlackRock-backed OUSG tokens.