{"id":46232,"date":"2025-01-28T16:09:13","date_gmt":"2025-01-28T16:09:13","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ondo-finance-brings-tokenized-us-treasury-fund-on-ripples-xrp-ledger\/"},"modified":"2025-01-28T16:09:13","modified_gmt":"2025-01-28T16:09:13","slug":"ondo-finance-brings-tokenized-us-treasury-fund-on-ripples-xrp-ledger","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ondo-finance-brings-tokenized-us-treasury-fund-on-ripples-xrp-ledger\/","title":{"rendered":"Ondo Finance brings tokenized US Treasury fund on Ripple&#8217;s XRP Ledger"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/09\/1695288108898-68dd03b4-365d-4faf-9d6b-c296ce9c21ff-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/09\/1695288108898-68dd03b4-365d-4faf-9d6b-c296ce9c21ff-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/09\/1695288108898-68dd03b4-365d-4faf-9d6b-c296ce9c21ff-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/09\/1695288108898-68dd03b4-365d-4faf-9d6b-c296ce9c21ff-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Ondo Finance will launch its OUSG fund on the XRP Ledger.<\/li>\n<li>The partnership with Ripple expands accessibility to tokenized US Treasuries funds to institutional investors.<\/li>\n<li>Ripple introduced OpenEden\u2019s TBILL on XRPL in August last year.<\/li>\n<\/ul>\n<p>Tokenized real-world assets platform Ondo Finance is set to bring its U.S. Treasury token OUSG to Ripple\u2019s enterprise-focused network XRP Ledger.<\/p>\n<p>Ondo Finance and Ripple <a href=\"https:\/\/ripple.com\/ripple-press\/ondo-finance-brings-247-access-to-tokenized-us-treasuries-on-the-xrp-ledger\/\" target=\"_blank\" rel=\"noopener\">shared<\/a> the integration news on Tuesday, Jan. 28.<\/p>\n<p>The launch will expand access to tokenized US Treasuries to institutional investors, with BUIDL-backed Ondo Short-Term U.S. Government Treasuries (OUSG) providing 24\/7 minting and redemption via Ripple\u2019s stablecoin RLUSD.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Ripple and <a href=\"https:\/\/twitter.com\/OndoFinance?ref_src=twsrc%5Etfw\">@OndoFinance<\/a> are bringing OUSG, tokenized U.S. Treasuries to the XRP Ledger.<\/p>\n<p>With 24\/7 minting &amp; redemption using RLUSD, unmatched liquidity, and institutional-grade security, learn how this partnership marks a major step forward for onchain RWAs.\u2026 <a href=\"https:\/\/t.co\/0T3mXGSxbW\">pic.twitter.com\/0T3mXGSxbW<\/a><\/p>\n<p>\u2014 RippleX (@RippleXDev) <a href=\"https:\/\/twitter.com\/RippleXDev\/status\/1884224944873091313?ref_src=twsrc%5Etfw\">January 28, 2025<\/a><\/p>\n<\/blockquote>\n<p>Ondo\u2019s expansion of OUSG on XRPL follows Ripple\u2019s RWA move that brought <a href=\"https:\/\/coinjournal.net\/news\/openeden-launches-tokenized-t-bills-on-xrp-ledger-with-10m-investment-from-ripple\/\">OpenEden\u2019s TBILL<\/a> to the network in August 2024.<\/p>\n<p>\u201cThis integration is the natural convergence of a compliance-first, yield-bearing product with a network purpose-built for institutional adoption, setting the groundwork for forward-thinking institutions to lead a new era of capital markets onchain,\u201d Ondo Finance vice president of partnerships Katie Wheeler noted.<\/p>\n<h2>A $3.5 billion market<\/h2>\n<p>Ripple and Ondo Finance\u2019s collaboration adds further traction to the RWA and specifically, tokenized US Treasuries market. The sector has witnessed tremendous growth in the past year, with the market now at $3.5 billion.<\/p>\n<p>Ondo Finance\u2019s OUSG currently has a market cap of over $185 million.<\/p>\n<p>Meanwhile, the platform\u2019s other US Treasuries offering, the U.S. Dollar Yield has over $384 million in total value locked. Per rwa.xyz, BlackRock\u2019s BUIDL and Franklin Templeton\u2019s FOBXX are the top two with over $600 million and $509 million respectively.<\/p>\n<p>OpenEden\u2019s TBILL, available on XRPL, has a market cap of just over $82 million.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/ondo-finance-brings-tokenized-us-treasury-fund-on-ripples-xrp-ledger\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) 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\u2019s TBILL on XRPL in August last year. Tokenized real-world assets platform Ondo Finance [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":46233,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/46232"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=46232"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/46232\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/46233"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=46232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=46232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=46232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}