XRP News: Morgan Highlights Ripple Win as Tokenized Treasuries Go Live

Key Insights:

• XRP News: Ondo’s OUSG tokenized U.S. Treasuries are now live on XRPL.
• XRP lawyer says Ripple’s $10M Guggenheim deal is a major win for the XRP Ledger.
• Guggenheim aims to improve on its Ethereum DCP launch by moving to XRPL for lower fees and faster settlement.

Ripple’s XRP Ledger expanded its institutional utility after Ondo Finance deployed tokenized U.S. Treasuries. Guggenheim also transitioned its tokenized fixed-income product from Ethereum to XRPL, citing faster settlement and reduced costs. Ripple seeded liquidity through RLUSD to support adoption.

XRP News: Lawyer Bill Morgan Comments on Ripple Development

In a recent post on X, XRP lawyer Bill Morgan acknowledged Ripple’s growing momentum in the tokenized finance space. He referred to the OUSG launch and Guggenheim partnership as a big step forward for the XRP Ledger.

Morgan also addressed the $10 million commitment Ripple made to Guggenheim’s Treasury-backed product. According to him, this move strengthens XRP Ledger’s position in the institutional digital asset market. The lawyer noted that the XRP Ledger continues to attract credible financial players who are expanding their blockchain offerings.

Guggenheim, which previously launched its digital commercial paper (DCP) product on Ethereum, is now transitioning to XRPL. Morgan suggested the switch to XRPL will provide better efficiency and lower fees.

Ondo’s OUSG Launch Expands XRPL Tokenized Asset Ecosystem

Ondo Finance has now deployed its OUSG product—tokenized short-term U.S. treasuries—on the XRP Ledger. With over $670 million in total value locked, OUSG is among the top tokenized treasury products globally.

Institutions categorized as Qualified Purchasers can access OUSG directly via XRPL. The entire subscription and redemption process is done through Ripple’s stablecoin, RLUSD. This enables around-the-clock access to U.S. treasuries on-chain with real-time settlement.

In addition, Ripple said that it has seeded liquidity into the system to aid volume. The stablecoin RLUSD is central to the transaction process, enabling reliable asset conversion. According to RippleX SVP Markus Infanger, the OUSG launch marks the start of real-world asset integration into blockchain financial systems.

Guggenheim Moves Digital Commercial Paper to XRPL

In other XRP news, Guggenheim Treasury Services listed its U.S. Treasury-backed fixed-income asset on the XRP Ledger. The company is expanding its tokenized DCP offering in partnership with Ripple. Notably, the product was previously launched on Ethereum but will now operate on XRPL for better performance.

Ripple invested $10 million into Guggenheim’s DCP product as part of the transition, according to the XRP news. Markus Infanger confirmed that the asset may be made available for purchase using RLUSD soon. The collaboration is designed to bridge traditional finance with on-chain operations.

Giacinto Cosenza, CEO of Zeconomy, said the move signals a shift from test phases to active deployment in tokenized finance.

XRP Price Action Amid On-Chain Milestones

According to Dark Defender, XRP is approaching a major technical breakout on the daily chart, with the $2.33 level marked as a critical resistance. The analyst pointed to bullish signals across multiple indicators, including the RSI, Exponential Moving Averages (EMAs), and Ichimoku Cloud projections.

At the time of writing, XRP traded at $2.32 after recovering from a 7-day low of $2.11. The move marked a 3.84% gain over the past week. Price action suggested that XRP was testing a falling trendline that originated near the $3.39 high.

A sustained breakout above $2.33 might enable further upside. However, confirmation would require volume follow-through. Ripple’s ongoing product rollout and institutional deals continue to support price momentum.

Disclaimer

This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.