Ripple & Ondo Dem Launch OUSG for XRPL; Remittix Dey Expand PayFi
Ripple and Ondo Finance don launch OUSG, tokenized Treasuries for XRP Ledger (XRPL). Dem dey use RLUSD stablecoin for 24/7 minting and redemption. E dey give institutional investors on-chain access to short-term US government debt. OUSG TVL don pass $690 million, as e dey contribute to more than $7 billion for tokenized Treasuries across chains. Meanwhile, Remittix don launch CertiK-audited crypto-to-bank rails and wallet beta. Dem don sell 672 million tokens and raise $26.7 million to expand PayFi. These moves dey boost XRPL’s DeFi ecosystem and confirm im role for real-world asset tokenization and institutional PayFi.
Bullish
Di integration of OUSG tokenized Treasuries thru RLUSD for XRPL mean sey institutional demand for di ledger native infrastructure dey increase. For short term, traders fit see more volume for XRP because of settlement flows plus stablecoin use. For long term, real-world asset tokenization and PayFi rails from Remittix them strong XRPL utility, fit drive sustained adoption plus price rise. Overall, dis development na bullish for XRP.