Ondo Finance Expands 24/7 Tokenized U.S. Treasury Access to XRP Ledger
Ondo Finance, a major player in tokenizing real-world assets, has partnered with Ripple to launch 24/7 access to tokenized U.S. Treasuries on the XRP Ledger (XRPL). Institutional investors can now trade Ondo’s Short-Term U.S. Government Treasuries (OUSG)—backed by BlackRock’s BUIDL fund—using Ripple’s stablecoin, RLUSD. The move aims to enhance liquidity, compliance, and accessibility for blockchain-based financial solutions, aligning with forecasts that predict the tokenized asset market could surge to $16 trillion by 2030.
Ondo’s OUSG offers qualified investors instant minting and redemption capabilities, daily interest accruals, and multi-chain availability. The XRPL’s infrastructure supports this integration with features like Decentralized Identifiers (DIDs) for compliance, low transaction fees, and high-speed settlements, positioning it as a preferred blockchain for institutional adoption. Ripple and Ondo have secured initial liquidity commitments to accelerate adoption, building on Ripple’s prior investments in tokenized Treasuries, including OpenEden’s TBILL.
Tokenized Treasuries have gained traction due to their ability to merge traditional finance’s stability with blockchain’s efficiency. OUSG, the first tokenized U.S. Treasury fund to surpass $600 million in total value locked (TVL), emphasizes institutional-grade security, stringent anti-money laundering (AML) checks, and transparency. Markus Infanger, RippleX’s Senior Vice President, highlighted the shift toward 24/7 settlements, stating, “This innovation breaks free from traditional trading hours, introducing greater stability to blockchain markets.”
Katie Wheeler, Ondo Finance’s VP of Partnerships, emphasized XRPL’s institutional trust: “Combining our compliance-first product with a network built for traditional finance sets the stage for a new era of onchain capital markets.” The XRPL’s existing tools—including a native decentralized exchange (DEX), automated market maker (AMM), and upcoming lending protocols—further solidify its role in decentralized finance (DeFi).
As demand grows for hybrid financial solutions, Ondo’s expansion onto the XRPL underscores blockchain’s potential to bridge traditional and digital markets. With its focus on security, liquidity, and regulatory adherence, the collaboration signals a pivotal step toward mainstream institutional participation in DeFi, setting a benchmark for future tokenized asset innovations.