Wednesday, July 30, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Ripple’s Stablecoin Enables Ondo’s $670M Tokenized Treasury Access on XRPL

14 June 2025
in Crypto Updates
Reading Time: 2 mins read
0 0
A A
0
Home Crypto Updates
Share on FacebookShare on Twitter


Ondo Finance has launched its tokenized U.S. Treasury
product, OUSG, on the XRP Ledger (XRPL). The transfer follows a joint report by
Ripple and Boston Consulting Group, which predicts a $19 trillion tokenized
asset market by 2033.

OUSG is without doubt one of the largest tokenized U.S. Treasury merchandise,
with over $670 million in whole worth locked. It now permits Certified
Purchasers to subscribe and redeem tokens on XRPL utilizing RLUSD, Ripple’s new
stablecoin. This course of works across the clock, bypassing conventional banking
hours.

XRP Ledger Allows Institutional Tokenized Treasuries

The XRP Ledger has a number of options aimed toward institutional
use. These embody built-in help for tokenization, a decentralized trade,
and compliance instruments like Decentralized Identifiers. Ripple and Ondo are
additionally offering liquidity to help early adoption.

🔥 NOW: Ondo Finance’s tokenized US Treasuries go dwell on XRP Ledger, enabling institutional entry by seamless minting and redemptions through Ripple’s $RLUSD. pic.twitter.com/kCf2cFUf6i

— Cointelegraph (@Cointelegraph) June 11, 2025

The shift marks a rising development of establishments transferring
real-world property onto public blockchains. With greater than $1.3 billion in TVL
throughout its merchandise, Ondo Finance has been lively in pushing tokenized
treasuries ahead. Different asset managers like BlackRock and Franklin Templeton
have launched related merchandise.

You could discover it fascinating at FinanceMagnates.com: Ripple’s
XRP Adoption Grows: Mastercard Highlights SBI Remit as SWIFT Hypothesis Builds.

XRPL Enhances Liquidity and Settlement Effectivity

In line with the BCG report, tokenized treasuries are amongst
essentially the most extensively adopted real-world property onchain. Their decrease danger and excessive
utility make them a key entry level for conventional finance.

Bringing OUSG to XRPL gives establishments new liquidity and
settlement choices. The tokenized format permits for quicker fund redeployment
and better capital effectivity, particularly throughout borders. XRPL’s upcoming
options, together with help for lending and permissioned domains, are anticipated
to additional help this development.

This text was written by Tareq Sikder at www.financemagnates.com.



Source link

Tags: 670MAccessEnablesOndosRipplesStablecoinTokenizedTreasuryXRPL
Previous Post

Ethereum Large Transactions Jump 100% In 24 Hours, Will ETH Whales Drive Altcoin Season? | Bitcoinist.com

Next Post

Peter Thiel-Backed Bullish Exchange Files With SEC For IPO: FT

Related Posts

Signal That Sparked 100% Litecoin Rally In 2017 Has Been Triggered Again | Bitcoinist.com
Crypto Updates

Signal That Sparked 100% Litecoin Rally In 2017 Has Been Triggered Again | Bitcoinist.com

29 July 2025
HKMA Sets Stablecoin Rules, Registry Launch August 1
Crypto Updates

HKMA Sets Stablecoin Rules, Registry Launch August 1

29 July 2025
RAKBANK Becomes the First Traditional UAE Bank to Launch Regulated Crypto Trading
Crypto Updates

RAKBANK Becomes the First Traditional UAE Bank to Launch Regulated Crypto Trading

30 July 2025
Mento Selects Wormhole as its Official Interoperability Provider to Power Multichain FX – Press release Bitcoin News
Crypto Updates

Mento Selects Wormhole as its Official Interoperability Provider to Power Multichain FX – Press release Bitcoin News

29 July 2025
Binance Launchpad Review: How to Buy It in 2025
Crypto Updates

Binance Launchpad Review: How to Buy It in 2025

29 July 2025
MARA Holdings Concludes $950 Million Raise To Increase Bitcoin Exposure – Details | Bitcoinist.com
Crypto Updates

MARA Holdings Concludes $950 Million Raise To Increase Bitcoin Exposure – Details | Bitcoinist.com

29 July 2025
Next Post
Peter Thiel-Backed Bullish Exchange Files With SEC For IPO: FT

Peter Thiel-Backed Bullish Exchange Files With SEC For IPO: FT

Hype Coin breaks $42 again as Hyperliquid hits $1.73B TVL – CoinJournal

Hype Coin breaks $42 again as Hyperliquid hits $1.73B TVL - CoinJournal

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
BNB Price Gears Up for Upside Break — Will Bulls Deliver?

BNB Price Gears Up for Upside Break — Will Bulls Deliver?

8 July 2025
Something Big Is Coming For XRP On July 9—Why It Matters

Something Big Is Coming For XRP On July 9—Why It Matters

8 July 2025
XRP could rally higher on steady capital inflow; check forecast

XRP could rally higher on steady capital inflow; check forecast

8 July 2025
10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

24 May 2025
Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

2 July 2025
Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

2 July 2025
‘Altseason for TradFi’ Underway As Investors Look To Rotate Profits Into Riskier Bets: Bitwise CIO Matt Hougan – The Daily Hodl

‘Altseason for TradFi’ Underway As Investors Look To Rotate Profits Into Riskier Bets: Bitwise CIO Matt Hougan – The Daily Hodl

30 July 2025
Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens

Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens

30 July 2025
Uprise Teams Up with HoneyBook to Bring Tax Planning to Small Business Owners – Finovate

Uprise Teams Up with HoneyBook to Bring Tax Planning to Small Business Owners – Finovate

30 July 2025
Strategy Purchases 21,021 Bitcoin After $2.52 Billion IPO

Strategy Purchases 21,021 Bitcoin After $2.52 Billion IPO

30 July 2025
Redstone Debuts Oracle for Instant DeFi Liquidations and MEV Capture    – Defi Bitcoin News

Redstone Debuts Oracle for Instant DeFi Liquidations and MEV Capture    – Defi Bitcoin News

29 July 2025
Signal That Sparked 100% Litecoin Rally In 2017 Has Been Triggered Again | Bitcoinist.com

Signal That Sparked 100% Litecoin Rally In 2017 Has Been Triggered Again | Bitcoinist.com

29 July 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$117,947.00-0.32%
  • ethereumEthereum(ETH)$3,812.600.89%
  • rippleXRP(XRP)$3.140.12%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$806.48-1.87%
  • solanaSolana(SOL)$181.52-0.95%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,810.540.94%
  • dogecoinDogecoin(DOGE)$0.224274-0.36%
  • tronTRON(TRX)$0.3376674.19%