RWA Tokenization Era Begins as Ondo Finance Launches Its Flagship Tokenized Treasury Product OUSG on XRP Ledger

Ripple has achieved another milestone as Ondo Finance launched its flagship tokenized treasury product OUSG on XRP Ledger on Wednesday.

Ripple has announced that Ondo Finance’s flagship tokenized treasury product, Ondo (OUSG) short-term U.S. government treasuries (OUSG), backed by BlackRock’s BUIDL fund, is now live on the XRP Ledger.

XRP News: Ondo Finance’s Tokenized Treasury Launched on XRPL

As revealed by Ripple, Ondo (OUSG) short-term U.S. government treasuries (OUSG) are available for purchase on the XRP Ledger (XRPL) from today, June 11.

According to RippleX, “the future takes a concrete step forward today.” Tokenization is no longer a concept confined to whitepapers and pilot programs.

“This is a new era for onchain finance.”

With this move, qualified purchasers and institutions can seamlessly mint and redeem OUSG on XRPL, using RLUSD stablecoin as a settlement asset.

Both Ripple and Ondo have committed liquidity to ensure its start with strong momentum, with RLUSD serving as the bridge asset to unlock cross-market utility.

Here’s the issuer address for OUSG: rHuiXXjHLpMP8ZE9sSQU5aADQVWDwv6h5p.

The OUSG launch on XRPL marks a big milestone for both companies. Notably, XRPL is rapidly becoming a destination for institutional-grade tokenized finance with trusted assets, compliant rails, and real-time utility.

On Tuesday, Guggenheim Treasury Services, part of the major U.S. investment company Guggenheim Capital, launched Digital Commercial Paper (DCP) on Ripple’s XRP Ledger.

Ondo Finance Leads RWA Tokenization Era

Ondo Finance is leading the real-world asset tokenization, with over $1.3 billion in TVL, now expanding support to the XRPL. OUSG is the first tokenized security to achieve material adoption, having a TVL of over $670 million.

Asset tokenization to continue making milestones by turning static assets into dynamic and programmable tools, paving the way for a $19 trillion market by 2033, as per a recent report by Ripple and Boston Consulting Group.

“Ondo’s OUSG going live on the XRPL demonstrates that tokenized finance is no longer theoretical, it’s maturing in real markets. Moreover, XRPL is rapidly becoming a destination for institutional-grade tokenized finance.” said SVP of RippleX Markus Infanger.