ONDO Finance will deploy OUSG expansion agency services on XRP Ledger

Panews News on January 28th, ONDO Finance announced that it will deploy its tokenized U.S. Treasury Fund OUSG in the next six months to XRP Ledger (XRPL). By integrated with RLUSD stable currency with Ripple, OUSG will realize the real -time casting and redemption function of 24/7 on XRPL. OUSG's launch will use XRPL compliance tools (such as decentralized identifiers DIDS and chain vouchers management) and the upcoming multi -function token (MPTS).

Ripple and ONDO have promised to provide liquidity support for the initial deployment of OUSG to promote the use of tokenization real world assets (RWA).