Ondo Finance expands institutional reach by deploying OUSG on XRP Leger
On January 28, Ondo Finance announced that it will deploy its tokenized U.S. Treasury fund, Ondo Short-Term U.S. Government Treasuries (OUSG), on XRP Ledger (XRPL).
The deployment, which will go live over the next six months, brings OUSG to XRPL's broad institutional user base, introducing composable and compliance-first assets to a blockchain built specifically for Financial Institution Group. The integration opens a path for institutional DeFi and advanced cash management solutions to bring DeFi and traditional finance closer together than ever before.