Ripple is advancing its blockchain offerings through a strategic partnership with Ondo Finance, a leading tokenized real-world asset (RWA) issuer. The collaboration will bring tokenized U.S. Treasuries to the XRP Ledger (XRPL), expanding institutional-grade financial solutions onchain.
Insight Into Ripple & Ondo Finance’s Collaboration
Institutional investors will gain access to Ondo Short-Term U.S. Government Treasuries (OUSG), backed by the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). These assets can be minted and redeemed instantly using Ripple USD (RLUSD), an enterprise-grade stablecoin.
To drive adoption, Ripple and Ondo have secured commitments to seed liquidity for OUSG upon its deployment. This builds on the XRP firm’s earlier investment in tokenized U.S. Treasuries through OpenEden’s TBILL. Markus Infanger, Senior Vice President at RippleX, highlighted the transformative potential of this initiative.
He said, “The 24/7 intraday settlement enabled by tokenized assets like OUSG marks a transformative shift in capital flow management, breaking free from traditional trading hours and slow settlements. These low-risk, high-quality liquidity options not only provide better accessibility for investors but also introduce greater stability to blockchain-based markets. By addressing key barriers with Ondo Finance, this innovation supports the broader adoption of DeFi and positions the XRPL as a cornerstone for institutional-grade financial solutions.”
Ripple and @OndoFinance are bringing OUSG, tokenized U.S. Treasuries to the XRP Ledger.
With 24/7 minting & redemption using RLUSD, unmatched liquidity, and institutional-grade security, learn how this partnership marks a major step forward for onchain RWAs.… pic.twitter.com/0T3mXGSxbW
— RippleX (@RippleXDev) January 28, 2025
The demand for tokenized assets is surging, with forecasts predicting the market will reach $16 trillion by 2030. Katie Wheeler, Vice President of Partnerships at Ondo Finance, emphasized the alignment between the XRPL and institutional needs. “Ondo Finance is proud to bring OUSG, our institutional-grade tokenized U.S. Treasury fund, to the XRP Ledger, a blockchain that institutions already know and trust. This integration is the natural convergence of a compliance-first, yield-bearing product with a network purpose-built for institutional adoption, setting the groundwork for forward-thinking institutions to lead a new era of capital markets onchain.”
The XRPL, designed to meet the requirements of traditional financial institutions, offers features like tokenization, compliance, and seamless asset movement. Ripple’s platform includes a decentralized exchange (DEX), automated market makers (AMMs), and forthcoming advancements, ensuring it remains a leader in institutional DeFi solutions.
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