Institutions Move $333M in US Treasury Debt On-Chain via XRP Ledger

XRP1,83%
ETH4,36%

Gate News message, April 22 — Blockchain-based tokenization of U.S. Treasuries is gaining institutional traction on the XRP Ledger (XRPL), with approximately $333 million already deployed across live institutional products. Four institutional-grade offerings are currently active, driven by established financial institutions overseeing trillions in assets.

Ondo Finance’s Short-Term US Government product leads with $221.8 million, backed by BlackRock’s BUIDL fund and supported by 24/7 minting through RLUSD. OpenEden’s T-Bill Vault follows with $55.2 million in tokenized short-term Treasury exposure. Guggenheim Treasury Services has deployed $40.2 million in tokenized debt instruments, while abrdn allocated $15.9 million from its Liquidity Fund, part of a broader $600 billion asset management platform.

The broader U.S. Treasury market stands at roughly $31 trillion, placing current tokenized assets at under 0.01% penetration. XRPL settles transactions in 3–5 seconds with fees under a cent, combined with built-in compliance tools designed for regulated financial flows. On the real-world asset (RWA) segment, Ethereum currently hosts approximately $79.8 million in tokenized U.S. Treasury assets, while XRPL has grown to roughly $55.3 million, narrowing the gap. Development on XRPL is also extending to post-quantum security at the protocol level, signaling focus on institutional-grade durability.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Major CEX Records $62.27M USDT Net Inflows in Past Hour

Gate News message, April 22 — According to Coinglass data, a major CEX recorded net inflows of 62.27 million USDT (approximately $62.27 million) over the past hour.

GateNews18m ago

Unknown Wallet Transfers $38M USDT to Major CEX

Gate News message, April 22 — According to Coinglass data, an unknown wallet transferred 38 million USDT to a major CEX on April 23 at 02:52 UTC.

GateNews1h ago

Major CEX Records $152M USDT Net Inflows in 24 Hours

Gate News message, April 22 — According to Coinglass data, a major CEX recorded net inflows of $152 million in USDT over the past 24 hours.

GateNews3h ago

Solana Holds $87 Support as ETF Inflows Top $22M

Key Insights Solana ETF inflows reached $22.14 million this week, signaling sustained institutional accumulation and reinforcing short-term support above the 50-day EMA level. Futures open interest climbed to $5.53 billion, highlighting increased retail participation and growing

CryptoNewsLand3h ago

34.98M USDT Withdrawn from Major CEX to Unknown Address

Gate News message, April 22 — According to Coinglass data, 34.98 million USDT were transferred from a major CEX to an unknown wallet at 23:13 UTC on April 22.

GateNews4h ago

Newly Created Wallet Withdraws 18,000 ETH from Major CEX, Transfers to BitGo

A new wallet address 0xf860 withdrew 18,000 ETH (~$43.22 million) from a major exchange and transferred the funds to BitGo; on-chain data shows no prior activity for this wallet. Abstract: A newly created wallet address withdrew 18,000 ETH (about $43.22 million) from a major exchange and moved the funds to BitGo; the on-chain record shows no prior transaction history for the wallet.

GateNews5h ago
Comment
0/400
No comments