{"id":"ousg","title":"OUSG","content":"**Ondo USD Governance (OUSG)** is a tokenized U.S. Treasury bill fund founded by [Ondo Finance](https://iq.wiki/wiki/ondo-finance) CEO and founder [Nathan Allman](https://iq.wiki/wiki/nathan-allman). It provides exposure to short-term U.S. government securities through blockchaintechnology, and allows investors to access U.S. Treasury yields using digital tokens. [\\[1\\]](#cite-id-G1O9kV98dE)\n\n## Overview\n\nOUSG represents a bridge between traditional finance and [decentralized finance (DeFi)](https://iq.wiki/wiki/defi), offering investors a way to gain exposure to U.S. Treasury bills through [blockchain](https://iq.wiki/wiki/blockchain)-based tokens. The fund is managed by [Ondo Finance](https://iq.wiki/wiki/ondo-finance), a company focused on making institutional-grade financial products accessible to a broader audience through [blockchain](https://iq.wiki/wiki/blockchain) technology. [\\[1\\]](#cite-id-G1O9kV98dE)\n\nThe product combines traditional financial instruments with modern [blockchain](https://iq.wiki/wiki/blockchain) infrastructure, allowing investors to deposit [stablecoins](https://iq.wiki/wiki/stablecoin) or USD and receive tokens representing their share in the underlying Treasury bill portfolio. This structure enables easier access to government securities while maintaining the benefits of [blockchain](https://iq.wiki/wiki/blockchain) technology, such as programmability and potential for integration with other [DeFi](https://iq.wiki/wiki/defi) protocols. OUSG is available on [Ethereum](https://iq.wiki/wiki/ethereum) [mainnet](https://iq.wiki/wiki/mainnet), [Polygon](https://iq.wiki/wiki/polygon), and [Solana](https://iq.wiki/wiki/solana).\n\nIn June 2025, [Ondo Finance](https://iq.wiki/wiki/ondo-finance) expanded OUSG to the [XRP Ledger](https://iq.wiki/wiki/xrp), making it the fourth supported [blockchain](https://iq.wiki/wiki/blockchain). On the [XRP](https://iq.wiki/wiki/xrp) Ledger, users can mint and redeem OUSG using Ripple's U.S. dollar-backed [stablecoin](https://iq.wiki/wiki/stablecoin), [RLUSD](https://iq.wiki/wiki/rlusd), providing 24/7 access to short-term U.S. Treasuries for the network's institutional user base. This expansion leverages XRPL's capabilities for fast settlement and around-the-clock accessibility. [\\[1\\]](#cite-id-G1O9kV98dE) [\\[4\\]](#cite-id-20xOanQ4oc) [\\[5\\]](#cite-id-EMaZ9Lnjyh)\n\n## Key Features\n\n* **Instant Minting & Redemption**: Users can [mint](https://iq.wiki/wiki/minting) or redeem OUSG 24/7 using [USDC](https://iq.wiki/wiki/usdc) or PYUSD, with tokens sent directly to the originating wallet. Daily limits apply based on platform capacity, with plans to raise these over time.\n* **Low Minimums**: Instant transactions require a minimum of $5,000. For standard (non-instant) activity, the minimum investment is $100,000 and the minimum redemption is $50,000.\n* **Dual Token Structure**:\n  * **OUSG (Accumulating)**: Token value increases over time as yield accrues.\n  * **rOUSG (Rebasing)**: Maintains a fixed $1 price, with yield distributed through automatic increases in token quantity held.\n* **Daily Yield Updates**: Rebasing for rOUSG occurs automatically with each business day’s OUSG price update. [\\[2\\]](#cite-id-Xlit5fz6VM)\n\n### OUSG vs rOUSG\n\n* **Yield Mechanism**:\n  * **OUSG**: Accumulates yield by increasing in price over time.\n  * **rOUSG**: Maintains a stable $1.00 price, with yield distributed through an automatic increase in token quantity (rebasing).\n* **Token Behavior Example**:\n  * If both OUSG and rOUSG start at $1.00 and the rebasing factor is 1.10:\n    * OUSG remains as 1 token now valued at $1.10.\n    * rOUSG becomes 1.10 tokens, each still valued at $1.00.\n* **Usage Considerations**:\n  * rOUSG may offer compatibility challenges with some platforms that do not support rebasing assets.\n  * OUSG may be preferred in environments requiring non-rebasing token structures.\n* **Conversion**:\n  * Users can switch between OUSG and rOUSG through the conversion tool available on the product’s website. [\\[3\\]](#cite-id-TE1djMH2JY)","summary":"OUSG is a financial product by Ondo Finance designed to offer stable yield opportunities. It integrates with the Ondo Finance ecosystem to provide users with se...","images":[{"id":"QmReoZFBCBvEHuo3p1wAQnbc7iXqqKfSVMm2xQ7UaEuqg5","type":"image/jpeg, image/png"}],"categories":[{"id":"projects-and-protocols","title":"Projects & Protocols"}],"tags":[{"id":"DeFi"},{"id":"Infrastructure"}],"media":[{"id":"QmTXbe4PyqpKLRYxCSkkFmVibAKNVV5eRtq58zYkV1Joza","size":null,"name":null,"type":"GALLERY","source":"IPFS_IMG"},{"id":"QmddxhG2EcRJ9fsLkcXVJ6rAurAA5N3sTDkH2KnmY9WYHu","size":null,"name":null,"type":"GALLERY","source":"IPFS_IMG"},{"id":"QmaXZXsDosXQowuZPgnnMVUWQCcz2sQvPNk3nN2CLBoSDe","size":null,"name":null,"type":"GALLERY","source":"IPFS_IMG"},{"id":"QmRvSg8h6Gx2njUbN9D2xCtNAJoUADsS45kwd1uWmYGGij","size":null,"name":null,"type":"GALLERY","source":"IPFS_IMG"},{"id":"QmNTR8xabkaPWSE4E7va9JyTKnS3V3QzndBp7u77HyX7Qf","size":null,"name":null,"type":"GALLERY","source":"IPFS_IMG"}],"metadata":[{"id":"references","value":"[{\"id\":\"G1O9kV98dE\",\"url\":\"https://docs.ondo.finance/\",\"description\":\"Welcome to Ondo | Ondo FinanceGitHub\",\"timestamp\":1742196527613},{\"id\":\"Xlit5fz6VM\",\"description\":\"Ondo Docs: Overview\",\"timestamp\":1751845460014,\"url\":\"https://docs.ondo.finance/qualified-access-products/ousg/overview\"},{\"id\":\"TE1djMH2JY\",\"description\":\"Ondo Docs: OUSG vs Rebasing OUSG (rOUSG)\",\"timestamp\":1751846019472,\"url\":\"https://docs.ondo.finance/qualified-access-products/ousg/ousg-vs-rebasing-ousg\"},{\"id\":\"20xOanQ4oc\",\"url\":\"https://thedefiant.io/news/defi/ondo-finance-launches-tokenized-treasuries-on-xrp-ledger\",\"description\":\"The Defiant coverage\",\"timestamp\":1751914313647},{\"id\":\"EMaZ9Lnjyh\",\"url\":\"https://www.theblock.co/post/357773/ondo-expands-tokenized-treasuries-to-xrp-ledger-enables-ousg-minting-and-redemptions-via-ripples-rlusd-stablecoin\",\"description\":\"The Block coverage\",\"timestamp\":1751914313647}]"},{"id":"website","value":"https://ondo.finance/ousg"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/ousg"},{"id":"rootdata_profile","value":"https://www.rootdata.com/projects/detail/Ondo%20Finance?k=MzEyOQ%3D%3D"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmSjcpPskvV7JKYq3WkeB8eG2KHmuhVSk8hNmmmf7mqBbB\""},{"id":"commit-message","value":"\"Updated summary removed secure and efficient access to yield-generating strategies; tags: DeFi, Infrastructure; category: Projects & Protocols\""},{"id":"previous_cid","value":"QmSjcpPskvV7JKYq3WkeB8eG2KHmuhVSk8hNmmmf7mqBbB"}],"events":[{"id":"adb7cfbf-7ba7-4389-b7f2-27a1b47e9b88","date":"2023-01-01","title":"Date Founded","type":null,"description":"OUSG was founded","link":null,"multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8AF7a19a26d8FBC48dEfB35AEfb15Ec8c407f889"},"operator":{"id":"0x1E23b34d3106F0C1c74D17f2Cd0F65cdb039b138"},"language":"en","version":1,"linkedWikis":{"blockchains":["ethereum","polygon","solana","xrp"],"founders":["nathan-allman"],"speakers":[]},"recentActivity":"{\"items\":[{\"id\":\"c4ee7005-9a93-43f6-86f7-07dfa5899a9c\",\"title\":\"OUSG\",\"description\":\"OUSG is a financial product by Ondo Finance designed to offer stable yield opportunities. 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