Ondo Finance’s flagship short-term US Treasuries fund, OUSG, is now live on the XRP Ledger
Ondo Finance’s flagship short-term US Treasuries fund, OUSG, is now live on the XRP Ledger.
Known for its market-leading instant liquidity on Ethereum, OUSG is now mintable and redeemable seamlessly on the XRP Ledger with Ripple’s enterprise-grade stablecoin, RLUSD.
OUSG gives institutional investors on XRPL access to short-term US Treasuries—fully backed, yield-generating, and compliant.
Now with on-demand access via RLUSD.
This is a first for XRPL:
→ Seamless settlement between OUSG and RLUSD
→ Onchain treasury exposure for institutions
→ RLUSD utility beyond just payments
Ondo Finance continues to lead the way in real-world asset tokenization, with over $1.3B in TVL. OUSG was the first tokenized security to gain material adoption, and with over $690M in TVL, remains one of the largest tokenized Treasury products in the market.
OUSG’s portfolio is invested in funds such as the BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), as well as funds from Franklin Templeton, WisdomTree, and FundBridge.
By bringing OUSG to the XRPL, Ondo Finance is bringing institutional-grade assets directly to the institutions, providing access to high-quality tokenized assets as flexible treasury management tools.
Read the full announcement: https://blog.ondo.finance/ondo-finance-brings-tokenized-treasuries-to-the-xrp-ledger-with-seamless-mint-redeem-via-ripples-rlusd-stablecoin/
NOTE: OUSG has not been registered under the US Securities Act of 1933, as amended ("Act" ) or pursuant to securities laws of any other jurisdiction, and may not be offered, sold or otherwise transferred in the US or to US persons unless registered under the Act or an exemption or exclusion from the registration requirements thereof is available. Ondo I LP, the issuer of OUSG, is not registered as an investment company under the US Investment Company Act of 1940, as amended. Nothing herein constitutes any offer to sell, or any solicitation of an offer to buy, OUSG. Acquiring OUSG involves risks. A OUSG holder may incur losses, including total loss of their investment. Past performance is not an indication of future results.
Ondo does not endorse, Ondo does not make any representation or warranty whatsoever (express or implied, including but not limited to any warranty of merchantability, fitness for a particular purpose or non-infringement) regarding, and ONDO SHALL NOT HAVE ANY LIABILITY WHATSOEVER WITH RESPECT TO ANYONE'S USE OF, any third-party products, services or technologies referenced herein. Additional terms apply.
Visit https://ondo.finance/ousg