Oondo Finance plans to expand the distinguished US Treasury Fund, the US Treasury Fund in the short term, for Layer-1 Blockchain, XRP LEDGER
Foundation Fund and Pantera supported by the ONDo Finance Declare On January 28, Osg Tol Go Live expects Ledger XRP over the next six months. Indo Finance (Oondo) It is partnership with XRP (XrpCreative ripples to bring the product from the XRPL.
According to ONDo, the expansion aims to enhance the institutional adoption of decentralized financial products that focus on compliance. The initiative targets investors who seek to obtain Defi revenues while taking advantage of the distinctive symbol and the ability to connect.
OUSG supports the Blackrock's US Treasuries Fund, the BUIDL Corporation (Buidl).
"By bringing OUSG to XRPL, Oondo Finance brings institutional class assets directly to institutions, providing access to ONSAIN, and changing how institutions interact with distinctive assets as tools for a flexible treasury," Ondo wrote in a blog post.
According to Ripple and Oondo Finance, they secured obligations to seed the liquidity of the distinctive box at the launch. The goal is to take advantage of this liquidity to accelerate the distinctive symbol and adopt assets in the real world (RWAS) within the XRPL ecosystem.
The Oondo team indicated that support for 24/7 mining and OSG recovery will help in this effort. Ripple also plans to integrate StableCoin Rlusd with OSG on the Professor's notebook, allowing the ability to operate and immediate redemption.
The growing market for the distinctive symbol
The origins of the distinctive real world have witnessed great growth over the past year, as major exporters such as Blackrock, Franklin Templeton and Hashnote play a major role. ONDO products add to a market currently more than $ 3.5 billion.
Oondo's step to bring OUSG to Reple's Ecosystem a few months after Ripple announced plans to allocate up to $ 10 million in the distinctive US Treasury bonds on XRPL. Ripple also has I collaborate With OpenDENEN, the pioneering premium symbol platform in Asia, to post Tbill Tokens on Professor XRP book.
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