Ondo’s Short-Term US Treasuries Fund has grown to 407.24 million dollars in assets. The product offers a 3.45 percent APY and operates across multiple blockchains. It remains restricted to accredited investors.
The fund, known as OUSG, showed these figures on July 10. It holds 222.07 million dollars on XRPL and 185.17 million dollars on Ethereum.
OUSG allocates capital to other tokenized products. These include 150 million dollars in the State Street Galaxy Onchain Liquidity Sweep Fund, 101.01 million dollars in BlackRock’s BUIDL, 77.08 million dollars in Franklin Templeton’s BENJI, and 69.10 million dollars in the Fidelity Treasury Digital Fund.
Investments and redemptions require a minimum of 5,000 dollars. The vehicle is limited to accredited investors and qualified purchasers.
Tokenized sovereign debt products like OUSG turn government money fund exposure into programmable collateral. They keep the underlying assets inside regulated structures while moving ownership records onto blockchain rails.