XRP Takes Lead Over Ethereum and Solana on Ondo's Tokenized Treasury Fund

The XRP Ledger has surpassed Ethereum and Solana as the leading blockchain for Ondo's tokenized US Treasury fund, holding $274 million in on-chain value.

This marks a significant milestone in the race to dominate blockchain-based finance. Xaif Crypto notes that XRPL has become the preferred network for tokenized U.S. Treasury products issued by Ondo Finance.

Ondo's tokenized Treasuries offer blockchain-based access to short-term US government securities, blending traditional yield and stability with decentralized infrastructure.