Ondo Finance, a platform specialized in real -world asset tokenization (RWA), announced the incorporation of its United States Treasury bonds, valued at more than 185 million dollars, to the XRP LEDger network.
As reported through a releasethe Token Ondo Short-Term Us Government Treasuries (OUSG) is an investment product backed by the Blackrock Institutional Digital Liquidity Fund (Buidl) and American treasure bonds in the short term.
The implementation It will be launched in the next 6 months and the OUSG exhibition will increase to the XRP Ledger user base. From Ondo Finance, they stressed: “This integration will allow the mimanity and instantaneous exchange of OUSG through RLUSD, which will provide users for liquidity and financial flexibility 24 hours a day.”
As cryptootics has reported, RLUSD is the Ripple Labs stablecoin that was launched to the market a month ago. The financial product maintains parity 1: 1 with the US dollar and has the approval of the New York Financial Services Department (NYDFS).
Another issue to highlight is that The adoption of the RWA in the XRP Ledger network is a bullish potential for its native XRP currency.
If the number of operations in XRP Ledger increases, So will the demand for XRP for the payment of commissions. Consequently, the transactions recorded in this ecosystem could generate a bullish impulse in the price of the cryptocurrency issued by Ripple Labs.
In this context, alliances that increase liquidity in XRP Ledger will play a key role in the potential of cryptocurrency to achieve a new long -term historical maximum (ATH). Currently, its price is maintained above $ 3.15.
On the other hand, after the news was known, the price of Ondo (Ondo), the token of governance of the platform, rose up to $ 1.39.
At the time of the publication of this note, Ondo records a weekly rise greater than 5% and its price is $ 1.38.
Real world asset token (RWA) It promises to consolidate as one of the trends in the cryptocurrency market in 2025.
A report by Panther Capital, an investment company, indicates that the RWA are awakening the interest of investors and companies, which wish to use cryptocurrencies, which represent tangible assets such as bonds, shares or real estate.
In addition, it stands out Ondo as one of the projects that will benefit the most from the “explosion of the RWA” in 2025.
For its part, Érika Espinal, Market Analyst, ensures that the RWA narrative will be one of the most prominent And explain:
«There are great players behind this trend of real world assets. That is why I believe that this trend will not only be for this cycle, we will also see it in the next market cycle. We saw how Franklin Templeton began in this tokenization industry. Then we also see Blackrock. That is, the greatest are starting to involve right now ».
Erika Espinal, Investor and Communicator.
