NEARLY 59% OF ONDO’S OUSG TREASURY FUND IS ON THE XRP LEDGER Ondo Finance has crossed $4 billion in tokenized assets. One fund within that total shows how the XRP Ledger is being used for institutional finance. According to RWA. xyz’s Nov 9th snapshot, Ondo’s OUSG fund held about $317 million across two networks: 🔹 $XRP Ledger — $185.6 million 🔹 Ethereum — $131.4 million OUSG gives investors exposure to short-term U.S. Treasuries through institutional funds, including BlackRock’s BUIDL. Here’s where Ripple’s RLUSD comes in. On the XRPL, qualified investors can use RLUSD to buy into OUSG and receive RLUSD back when they redeem. Both steps are available 24/7. A treasury desk can move between a dollar stablecoin and Treasury exposure on the same ledger, even outside traditional market hours. The $185.6 million on the #XRPL sits across five addresses, according to Galactic. That’s a sizeable balance concentrated in a small number of wallets. The next figure I’d like to see is how much $RLUSD actually moves in and out of $OUSG over a month. That would show how often institutions use the setup to manage cash.