Ondo Finance Launches $185M Tokenized US Treasury Offering on XRP Ledger for Institutional Investors
2025-01-28
CoinDesk
In a significant move, Ondo Finance has launched a $185 million tokenized U.S. Treasury offering on the XRP Ledger, enabling institutional investors to mint and redeem OUSG tokens 24/7 using Ripple's RLUSD stablecoin. This expansion provides greater accessibility and flexibility for investors, leveraging blockchain technology for efficient and secure transactions. By utilizing the XRP Ledger, Ondo Finance aims to bridge traditional finance with decentralized solutions, promoting a more inclusive and efficient financial ecosystem with the help of cryptocurrencies and tokenization.
