Ondo Finance, a tokenized real-world asset platform, is bringing its $185 million U.S. Treasury token to the enterprise-focused XRP Ledger community to develop its choices for institutional buyers. The token, backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), permits certified buyers to mint and redeem tokens rapidly utilizing Ripple’s RLUSD stablecoin. The deployment is anticipated to go reside inside the subsequent six months. This partnership bridges conventional finance with the blockchain area. The OUSG token on the XRP Ledger is backed by short-term US Treasuries and complies with regulatory requirements, together with KYC and AML. The XRP Ledger’s environment friendly and scalable infrastructure ensures quick access to liquidity and clean digital asset transactions.
