The world of institutional finance is undergoing a quiet revolution—powered by blockchain. At the heart of this transformation is Ripple’s XRP Ledger (XRPL), a high-performance, compliance-ready distributed ledger gaining traction for its role in tokenizing real-world assets. Among the most promising developments is the rise of tokenized U.S. Treasuries, with Ondo Finance’s recent launch on XRPL marking a pivotal moment in bridging traditional finance (TradFi) and decentralized finance (DeFi).
With the market for tokenized assets projected to reach $600 billion by 2030, and current momentum showing no signs of slowing, XRP is positioned at the epicenter of a financial shift that could propel its price toward **$10 by the end of 2025**.
What Are Tokenized U.S. Treasuries?
Tokenized U.S. Treasuries are digital representations of traditional government debt instruments—such as T-bills, notes, and bonds—recorded on a blockchain. These tokenized assets retain the same risk and return profile as their physical counterparts but offer enhanced efficiency, transparency, and accessibility.
As InvestaX explains, “Tokenization does not alter the nature of Treasuries. It improves how they are accessed, held, and traded.”
U.S. Treasuries are globally recognized as one of the safest and most liquid assets. Investors rely on them for stable yields and as a benchmark for risk-free returns. By tokenizing these instruments, institutions can unlock 24/7 settlement, reduce counterparty risk, and enable programmable finance through smart contracts.
Already, major financial players are entering this space:
- BlackRock’s BUIDL Fund
- Franklin Templeton’s OnChain U.S. Government Money Fund
- Ondo Finance
- Hashnote
- CoinShares
- JPMorgan’s Onyx platform
These platforms leverage blockchain to offer instant settlement, fractional ownership, and seamless interoperability—features that legacy systems struggle to deliver.
According to the World Economic Forum (WEF), the tokenized U.S. Treasury market has surged from just $104 million in 2023 to over **$5.9 billion** in mid-2025, signaling rapid institutional adoption.
Ondo Finance’s OUSG Launch on XRP Ledger
In June 2025, Ondo Finance made headlines by launching its Ondo Short-Term U.S. Government Bond (OUSG) directly on the XRP Ledger. This move marked a strategic alignment between a leading DeFi innovator and Ripple’s enterprise-grade blockchain.
What sets OUSG apart is its seamless redemption mechanism powered by RLUSD, Ripple’s U.S. dollar-pegged stablecoin. This integration allows for instant settlement and cross-chain liquidity, making OUSG highly composable within XRPL’s growing financial ecosystem.
“This launch brings OUSG to XRPL’s broad institutional user base, introducing a composable, compliance-first asset to a blockchain built for financial institutions,” said Ondo Finance in a public statement.
By deploying on XRPL, Ondo strengthens the bridge between TradFi and DeFi—enabling asset managers, hedge funds, and banks to access yield-bearing digital securities with regulatory safeguards built-in.
Why XRP Ledger Is Built for Institutional Finance
Ripple has long focused on building infrastructure for enterprise-grade financial solutions. Its flagship products—On-Demand Liquidity (ODL) and Ripple Payments (formerly RippleNet)—serve over 300 financial institutions, including:
- Bank of America
- Western Union
- American Express
- Santander
- Amazon Web Services (AWS)
But it’s the underlying XRP Ledger (XRPL) that powers this ecosystem with unmatched speed, scalability, and compliance features.
Key Advantages of XRPL:
- Transaction Speed: 3–5 seconds per transaction
- Low Cost: Fractions of a cent per transfer
- High Throughput: Capable of handling thousands of transactions per second
- Regulatory Readiness: Supports decentralized identifiers (DIDs), XLS-70 credentials, and KYC/AML compliance protocols
These attributes make XRPL ideal for tokenizing high-value assets like government bonds, equities, and structured products.
Moreover, Ripple’s introduction of Multi-Purpose Tokens (MPT) in 2025 has expanded XRPL’s utility. MPTs allow institutions to tokenize complex financial instruments—including tranches of Treasury bonds and yield-bearing derivatives—with rich metadata and programmable logic.
Already, Guggenheim’s Digital Commercial Paper (DCP) has leveraged XRPL’s capabilities, demonstrating real-world use beyond speculation.
The Road to $10: XRP Price Outlook
At the time of writing, XRP trades around $2.16, reflecting cautious sentiment amid macroeconomic uncertainty—particularly around U.S. tariff policies and Federal Reserve interest rate guidance.
The Fed held rates steady at 4.25%–4.50%, but Chair Jerome Powell emphasized concerns about near-term inflation, keeping markets on edge.
Technical Analysis: Near-Term Outlook
On the daily chart, XRP is consolidating between:
- Support: $2.09 (200-day EMA)
- Resistance: $2.24 (confluence of 50-day and 100-day EMAs)
The Relative Strength Index (RSI) remains below 50, indicating bearish momentum. A drop below $2.09 could trigger further downside pressure.
However, a sustained breakout above $2.24—especially if accompanied by rising volume—could signal a reversal and rekindle bullish sentiment.
Catalysts That Could Push XRP to $10
While short-term price action remains range-bound, long-term fundamentals are strengthening:
- Institutional Adoption: Growing use of XRPL for tokenized Treasuries, equities, and stablecoins like RLUSD.
- Spot ETF Momentum: Canada has approved XRP spot ETFs; eyes are now on the U.S. SEC, which may rule on pending applications by late 2025.
- Resolution with SEC: Ripple and the SEC have jointly requested an indicative ruling to resolve their legal dispute—a potential catalyst for renewed investor confidence.
- Real-World Asset (RWA) Growth: BCG estimates the tokenized asset market could hit $600 billion by 2030. XRPL is well-positioned to capture a significant share.
A confirmed uptrend supported by institutional inflows could push XRP past key psychological levels:
- $3.00 – Critical psychological resistance
- $3.40 – Previous all-time high
- $10.00 – Long-term bull target driven by mass adoption
Frequently Asked Questions (FAQs)
Q: What is the XRP Ledger (XRPL)?
A: XRPL is a decentralized, open-source blockchain designed for fast, low-cost transactions. It supports tokenized assets, smart contracts, and cross-border payments, making it ideal for institutional finance.
Q: How do tokenized Treasuries work on XRPL?
A: Tokenized Treasuries are issued as digital assets on XRPL using smart contracts. They represent ownership of real U.S. government bonds and can be traded 24/7 with instant settlement via stablecoins like RLUSD.
Q: Can XRP really reach $10?
A: While no price prediction is guaranteed, growing adoption of tokenized assets, potential ETF approvals, and Ripple’s expanding institutional network create strong fundamental support for a move toward $10—especially if macro conditions improve.
Q: What is RLUSD?
A: RLUSD is Ripple’s U.S. dollar-pegged stablecoin, used to facilitate settlements and provide liquidity for tokenized assets on XRPL. It plays a key role in connecting digital finance with traditional capital markets.
Q: Is XRPL compliant with financial regulations?
A: Yes. XRPL supports decentralized identifiers (DIDs), permissioned access, and KYC/AML tools through standards like XLS-70, making it one of the most compliance-ready blockchains for institutional use.
Q: How does MPT enhance tokenization on XRPL?
A: Multi-Purpose Tokens (MPT) allow issuers to attach metadata, governance rights, and redemption logic to tokens—enabling complex financial products like structured bonds and tiered securities.
Final Thoughts: XRP’s Institutional Breakout Is Underway
The narrative around XRP is shifting—from speculative asset to foundational infrastructure for the future of finance. With Ondo Finance’s OUSG live on XRPL, growing demand for tokenized Treasuries, and Ripple’s continued innovation in compliance and scalability, the ecosystem is maturing rapidly.
As institutions increasingly seek faster settlement, lower costs, and programmable finance tools, XRPL stands out as a trusted platform ready for prime time.
While short-term price action depends on broader market sentiment, the long-term trajectory points upward—fueled by real-world utility, regulatory clarity, and expanding DeFi integration.
If current trends continue, XRP reaching $10 by the end of 2025 is not just possible—it may be inevitable.