Ondo Finance's short-term US Treasury token OUSG has been launched on the XRP Ledger

ChainCatcher news, according to the official Ripple blog, Ondo Finance's short-term U.S. Treasury token OUSG has officially launched on the XRP Ledger (XRPL). This is the first tokenized treasury product that enables 24/7 subscription and redemption through Ripple's enterprise-grade stablecoin RLUSD. The total locked amount currently reaches $670 million, making it another mainstream institutional-level RWA solution following BlackRock and Franklin Templeton.