• ONDO Finance launches an OUSG fund within the XRP ledger.
• The partnership with Ripple will increase accessibility and token into institutional buyers with US monetary funds.
• Ripple launched Openeden’s Tbill in XRPL final August.

The token -ized actual world asset platform ONDO FINANCE has been set to deliver the US Treasury token Ousg to Ripple’s enterprise’s community XRP ledger.

ONDO Finance and Ripple shared the built-in information on Tuesday, January 28.

This launch has expanded to the token -conated US Treasury, and the US authorities’s Ministry of Finance (OUSG) supported by Buidl has been embedded 24 hours a day, 24 hours a day, and is open everywhere in the yr. We offer redemption over a weekly yr by way of RLUSD.

With ripples @ondofinance Carry OUSG and tokens the US Treasury into the XRP ledger.

You’ll find out how this partnership marks the large development of ONCHAIN ​​RWAS with mint and redemotion, unparalleled mint, and establishment -grade safety utilizing RLUSD. pic.twitter.com/0t3mxgsxbw

-Ripplex (@ripplexdev) January 28, 2025

The extension of OUSG on XRPL will lead the Openeden tbill to the community in August 2024, adopted by Ripple’s RWA.

“This integration is a pure convergence of a compliance first yield product, a pure convergence with a community with a community aimed toward adopting a facility, and superior establishments lead a brand new period of the capital market. I’ll set the muse for. “

$ 3.5 billion market

The collaboration between Ripple and ONDO Finance has additional trolled RWA and token the US Treasury market. This sector has witnessed an incredible development previously yr and is now $ 3.5 billion.

The present market capitalization of ONDO FINANCE’S OUSG is over $ 185 million.

In the meantime, the US greenback yield, which is offered by the US Treasury of the US Treasury, has exceeded $ 384 million. In accordance with RWA.Xyz, BLACKROCK’s Buidl and Franklin Templeton’s FOBXX are greater than $ 600 million, respectively, and $ 600 million and $ 59 million.

Openeden’s tbill, which is accessible in XRPL, has a market capitalization of solely $ 82 million.