TLDR
- Ripple partners with Ondo Finance to integrate tokenized U.S. Treasuries on XRP Ledger
- OUSG tokens backed by RLUSD stablecoin enable 24/7 minting and redemption
- Partnership targets institutional DeFi users seeking compliant Treasury access
- Ondo Finance manages over $1.3B in assets with OUSG exceeding $690M TVL
- Integration positions XRPL as settlement layer for real-world asset tokenization
Ripple has joined forces with Ondo Finance to bring tokenized U.S. Treasuries to the XRP Ledger, creating new opportunities for institutional investors in decentralized finance. The partnership introduces Ondo Short-Term US Government (OUSG) tokens to XRPL, powered by Ripple’s RLUSD stablecoin infrastructure.
The collaboration enables round-the-clock minting and redemption of OUSG tokens for qualified institutional users. This marks a step toward bridging traditional finance with blockchain technology, offering secure access to short-term U.S. government debt through digital assets.
Ondo Finance brings substantial credibility to the partnership, managing over $1.3 billion in total value locked across its platform. The OUSG product alone has surpassed $690 million in TVL, ranking among the largest tokenized Treasury offerings alongside products from BlackRock and Franklin Templeton.
XRPL Becomes Hub for Real-World Assets
Ripple aims to establish XRP Ledger as the primary settlement network for tokenized assets. The company has invested in liquidity infrastructure and programmability upgrades to attract institutional users seeking faster, more secure digital asset management solutions.
Ian De Bode, Chief Strategy Officer at Ondo Finance, emphasized that bringing OUSG to XRPL broadens access to institutional-grade financial instruments. The integration strengthens connections between traditional finance and DeFi sectors.
Markus Infanger, Senior Vice President at RippleX, stated that OUSG’s launch demonstrates growing maturity in tokenized finance. The platform offers institutions a compliant method to hold Treasuries on-chain while improving liquidity and transaction speed.
XRPL’s real-time transaction capabilities combine with Ripple’s stablecoin focus to create solutions for banks, asset managers, and fintech firms. This infrastructure streamlines digital asset management processes for qualified institutional participants.
Expanding Institutional DeFi Services
The partnership represents part of Ondo Finance’s broader expansion strategy. The company currently offers over 100 U.S. stocks and ETFs with 24/7 onchain access through its Global Markets Platform, which CEO Nathan Allman describes as a breakthrough in financial access.
Ondo plans to extend tokenization efforts to additional blockchains including BNB Chain, Solana, and Ondo Chain. Major crypto wallets such as OKX Wallet, Trust Wallet, MEXC, Bitget Wallet, Morpho, and Ledger support these initiatives.
The firm intends to bring more than 1,000 U.S.-listed securities on-chain, including individual equities and fixed-income ETFs. These tokenized assets will mirror the liquidity of their underlying securities, enabling instant, low-slippage trading for institutional users.
Ondo is also partnering with startup Block Street to enhance tokenized real-world asset offerings, bringing borrowing, shorting, and hedging capabilities to DeFi at institutional scale.
The Ripple-Ondo partnership positions XRPL as a competitive platform for institutional DeFi services, offering compliant access to tokenized U.S. Treasuries through blockchain infrastructure.
