Ondo Finance has announced the launch of its tokenized US Treasury short-term bond fund (OUSG) on the XRP Ledger platform. Investors will be able to exchange OUSG tokens for the stablecoin RLUSD issued by Ripple. The fund is liquidity-backed through the BlackRock USD Institutional Digital Liquidity Fund and will offer an annual yield of 4.16 percent. With the launch of OUSG, Ripple aims to create a market for tokenized debt instruments that could reach $300 billion by 2030, highlighting the growing interest in the tokenization of financial assets.
1/29/2025 1:09:43 PM (GMT+1)
Ondo Finance launches a tokenized US short-term Treasury bond fund OUSG on the XRP Ledger with a 4.16 percent yield and the ability to exchange for the stablecoin RLUSD 📊


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.