Ondo Finance Launches Tokenized U.S. Treasury Offering OUSG on XRP Ledger

The post Ondo Finance Launches Tokenized U.S. Treasury Offering OUSG on XRP Ledger appeared first on Coinpedia Fintech News

Ondo Finance, a tokenized real-world asset platform, is bringing its $185 million U.S. Treasury token to the enterprise-focused XRP Ledger network to expand its offerings for institutional investors. The token, backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), allows qualified investors to mint and redeem tokens quickly using Ripple’s RLUSD stablecoin. The deployment is …