Home > Quick > Body

Ondo Finance expands institutional reach by deploying OUSG on XRP Leger

clock
2025-01-28 12:55:05
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.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.