Today's XRP news: Ripple and Ondo bring U.S. Treasuries to XRPL, ushering in a new era of institutional DeFi.

Ripple and Ondo Finance announced a major strategic partnership to tokenize US Treasury bonds OUSG (Ondo Short-Term US Government Bonds) on the XRP Ledger (XRPL), marking an important milestone in the integration of TradFi and Blockchain technology. This innovation is supported by Ripple's RLUSD stablecoin, enabling institutional investors to mint and redeem OUSG tokens around the clock.

Tokenization of National Bonds: A Perfect Combination of TradFi and Blockchain

This collaboration not only expands the functionality of XRPL but also provides institutional investors with a compliant and efficient pipeline to hold and trade U.S. Treasury bonds in a blockchain environment. RippleX Senior Vice President Markus Infanger emphasized that this integration highlights the growing maturity of tokenization in finance and offers institutions a compliant way to hold Treasury bonds on-chain.

"The launch of OUSG on XRPL not only enhances liquidity and transaction speed, but also represents a significant breakthrough in the application of blockchain technology in the financial sector," Infanger stated. "We are witnessing the seamless integration of traditional finance with emerging technologies."

Ian De Bode, Chief Strategy Officer of Ondo Finance, added: "Bringing OUSG to the XRPL and using RLUSD as a settlement option broadens the avenues for users to access high-quality on-chain financial tools. This integration strengthens our commitment to providing reliable institutional-grade assets at the intersection of TradFi and DeFi."

Ondo Finance: The Leader in RWA Tokenization

As a pioneer in the tokenization of real-world assets (RWA), Ondo Finance has established an impressive track record:

· Total locked value exceeds 1.3 billion USD

· OUSG product locked value reaches 690 million USD

· On par with similar products from BlackRock and Franklin Templeton

· Provide over 100 US stocks and ETFs on the global market platform

Chainlink co-founder Sergey Nazarov once commented that Ondo's operational standards are on par with the world's top financial companies, and this was once again confirmed in the recent collaboration with Ripple.

Ripple's Strategic Vision: Building the Foundation of Institutional DeFi

Ripple's long-term strategic goal is to make XRPL the preferred settlement network for tokenized assets. Through this collaboration with Ondo, Ripple has further strengthened XRPL's position in the institutional DeFi space.

Ripple's recent series of upgrades to the XRPL include:

· Enhance liquidity management features

· Improve the stablecoin system

· Enhance programmability capabilities

These improvements aim to enhance institutional investors' confidence and simplify asset management processes. The introduction of tokenized U.S. Treasury bonds into XRPL not only reflects Ripple's commitment to long-term strategy but also creates a secure and institution-friendly ecosystem.

Expansion Plans and Future Outlook

Ondo plans to expand its tokenization business to other blockchains, including Solana and Ondo Chain. Several mainstream cryptocurrency wallets have announced support for this initiative, including Morpho and Ledger.

Ondo's ambitions don't stop there; the company plans to:

· Introduce over 1,000 U.S. listed securities to Blockchain

· Covers a variety of asset classes from individual stocks to fixed income ETFs.

· Ensure that tokenized assets reflect the liquidity of their underlying securities.

· Achieve instant, low-slippage trading experience

In addition, Ondo's collaboration with the startup Block Street aims to bring large-scale lending, short-selling, and hedging capabilities to DeFi, further enriching the application scenarios of tokenization of RWA.

The collaboration between Ripple and Ondo not only provides institutional investors with new asset management options but also marks a new stage for the application of Blockchain technology in the financial sector. With the continuous development of the XRPL ecosystem, we have reason to expect the emergence of more innovative applications.