📰 Tokenized U.S. Treasuries Arrive on XRP Ledger via Ripple–Ondo Partnership
Ripple has partnered with Ondo Finance to bring OUSG, a tokenized short-term U.S. Treasury product, to the XRP Ledger (XRPL).
This allows institutional investors to access Treasuries directly on-chain, with 24/7 minting and redemption.
🔍 How OUSG Works
OUSG is backed by BlackRock’s BUIDL fund.
Now deployed natively on XRPL.
Mint/redemption uses RLUSD, Ripple’s USD stablecoin, enabling real-time settlement.
🧩 Ripple’s Strategy
Ripple integrates OUSG into its ecosystem:
RLUSD becomes the settlement bridge.
Ripple + Ondo will seed initial liquidity.
Follows Ripple’s investment in OpenEden TBILL, reinforcing XRPL as an institutional RWA hub.
📊 RWA Context
Tokenized Treasuries have surpassed $7B TVL globally.
Ondo is a key player, and launching on XRPL positions the chain to compete with ecosystems like Ethereum for institutional RWA flows.
🧠 What This Means
Potential positives:
Real utility for XRPL through low-risk yield assets.
More institutional interest and stronger role for RLUSD.
RWA narrative gains momentum.
Points to watch:
OUSG access is mainly for qualified investors.
XRPL must attract real volume to validate the narrative.
RWA competition is intense.
Takeaway:
This move strengthens XRP Ledger’s position in the institutional tokenization space, with Ripple, RLUSD and Ondo driving a fast-growing trend.


