Ripple Brings BlackRock-Backed Treasuries to XRP Ledger for Institutional Investors

Ripple Labs has partnered with Ondo Finance to bring tokenized U.S. Treasuries to the XRP Ledger (XRPL), introducing Ondo Short-Term U.S. Government Treasuries (OUSG) backed by BlackRock’s BUIDL fund.

This initiative enhances institutional access to tokenized assets, enabling 24/7 minting and redemption via Ripple’s RLUSD stablecoin. XRPL’s compliance-first design, low fees, and scalable infrastructure make it a strong platform for institutional adoption. Ripple sees this as a transformative step in capital flow management, reinforcing blockchain’s role in secure and efficient treasury solutions.

Clever Robot News Desk 30^th January 2025