Ripple has teamed up with Ondo Finance to introduce tokenized U.S. Treasuries on the XRP Ledger, aiming to enhance liquidity and operational efficiency in digital finance. This initiative allows for the minting and redemption of these assets using Ripple's RLUSD stablecoin, thereby expanding institutional access to blockchain-backed assets and DeFi capabilities. Ripple's Senior Vice President Markus Infanger highlighted that this move enables institutions to access high-quality assets on public blockchains with compliance and efficiency. Following the announcement, both ONDO and XRP tokens experienced value gains, indicating investor confidence in the partnership's potential to drive growth in on-chain finance.