PANews reported on June 11 that according to the official blog of Ripple, Ondo Finance's short-term U.S. Treasury bond token OUSG was officially launched on XRP Ledger (XRPL). This is the first tokenized Treasury bond product that can be subscribed and redeemed around the clock through Ripple's enterprise-level stablecoin RLUSD. The total locked amount is currently $670 million, making it another mainstream institutional-level RWA solution after BlackRock and Franklin Templeton.