Ondo Financing Launches Tokenized U.S. Treasury Supplying OUSG on XRP Ledger

Ondo Finance, a tokenized real-world possession platform, is bringing its $ 185 million U.S. Treasury token to the enterprise-focused XRP Journal network to broaden its offerings for institutional financiers. The token, backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUILD), permits certified investors to mint and retrieve tokens promptly using Ripple’s RLUSD stablecoin. The implementation is expected to go real-time within the following six months. This partnership bridges standard finance with the blockchain room. The OUSG token on the XRP Journal is backed by temporary US Treasuries and follows regulative requirements, consisting of KYC and AML. The XRP Ledger’s effective and scalable framework ensures simple accessibility to liquidity and smooth digital property deals.