Ondo long-term bullish!
According to the official Ondo Finance OUSG page and data from NS3.AI, the short-term U.S. Treasury fund (OUSG) with the identifier #ONDO reached a total value of approximately $407.24 million as of July 10. This data signals the ongoing expansion of the tokenization of real-world assets (RWA), demonstrating strong demand for traditional financial products within the crypto ecosystem.
At present, the fund’s annual percentage yield (APY) stands at 3.45%, offering investors a low-risk, interest-bearing asset option denominated in USD. Notably, OUSG’s total value is not confined to a single network; instead, it is distributed cross-chain, reflecting Ondo’s strategic positioning in multi-chain liquidity.
The specific distribution shows that the asset size on XRPL ($XRP Ledger) is approximately $222.07 million, while on the Ethereum network it is approximately $185.17 million. The holdings on #XRPL even exceed Ethereum, indicating that this underlying ledger is demonstrating strong competitiveness in attracting institutional-grade RWA assets. At the same time, it also reflects $ONDO ’s intention to reduce single-chain risk and broaden its user base through multi-chain deployment.
Overall, the continued growth of #OUSG ’s scale and the success of its cross-chain setup not only prove the market potential of putting high-quality traditional assets like U.S. Treasuries on-chain, but also provide the crypto market with a more stable source of yield, further driving deep integration between traditional finance and decentralized finance (DeFi).