Tokenized U.S. Treasuries Are Now Live On XRP Journal
RippleX has launched tokenized U.S. Treasuries on the XRP Ledger, marking a significant milestone in bringing real-world assets to the blockchain. The development focuses on Ondo Finance’s OUSG token—short for Ondo Short-Term U.S. Government Treasuries—backed by BlackRock’s BUIDL fund, a tokenized money market fund that holds short-term U.S. Treasury assets.
This launch enables institutions to mint and redeem OUSG 24/7 using Ripple USD (RLUSD), Ripple’s U.S. dollar-backed stablecoin. Investors can now access government bonds 24/7, bypassing traditional banking hours and infrastructure limitations. The result is faster settlements, higher liquidity, and more flexibility for global investors.
Bringing Treasuries Onchain with Institutional-Grade Infrastructure
The tokenization of OUSG on XRPL marks a significant milestone in the adoption of real-world assets (RWAs) on the blockchain. Ondo Finance, a leading name in the space with over $600 million in total value locked across several chains, extends OUSG to XRPL, connecting its proven Treasury product with a blockchain known for speed, reliability, and compliance-first design.
According to RippleX, the integration leverages XRPL’s decentralized infrastructure and upcoming features like Multi-Purpose Tokens (MPTs), native decentralized identifiers (DIDs), and on-chain credentialing, making the ledger particularly suitable for institutions dealing with regulated assets.
According to RippleX’s SVP Markus Infanger, tokenizing U.S. Treasuries on the XRP Ledger allows institutions to manage capital flows with greater flexibility and efficiency. “Tokenized assets like OUSG unlock intraday settlement and capital efficiency that traditional markets simply can’t match,” he noted. “This is the future of institutional finance.”
RLUSD: Smooth Access to Yield and Liquidity
The OUSG token is now fully mintable and redeemable using RLUSD, serving as the on-chain cash leg in the transaction. RLUSD, introduced by Ripple in December 2024, is a fiat-backed stablecoin designed for business use—transparent, licensed, and real-time. This integration enables institutions to instantly switch between cash and Treasuries, streamlining transactions and eliminating settlement delays and operational complexities.
This development empowers global investors to manage liquidity, earn returns, and rebalance portfolios in real-time, 24/7, enhancing flexibility and efficiency.
Ripple and Ondo Finance have committed to seeding initial liquidity pools on XRPL, ensuring efficient and deep user markets from day one.
Tokenized Assets Are Gaining Momentum
The broader market for tokenized U.S. Treasury securities is rapidly expanding, with over $1 billion in such products now circulating on-chain, sparking institutional interest. Analysts project that the total market for tokenized assets could reach $16 trillion by 2030. This trend reflects a shift towards more programmable, transparent, and efficient financial infrastructure—qualities that XRPL, with its low fees, fast settlements, and battle-tested reliability, is well-positioned to deliver.
Earlier initiatives, like OpenEden’s TBILL token released on XRPL in 2024, laid the foundation for this advancement. With OUSG now live, the ledger solidifies its role as a platform for high-quality, regulated assets.
The Future of Onchain Finance Begins Now
With OUSG’s launch, tokenized Treasuries are no longer a concept—they’re a functional, accessible tool for institutions worldwide. Through RippleX’s announcement, it’s evident that the XRP Ledger is evolving from a payments network into a full-fledged financial ecosystem, where assets, compliance, and capital markets converge on-chain. This signifies a defining moment not only for XRPL but for the future of finance.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s viewpoint. Readers are encouraged to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not liable for any financial losses.
