- Ripple and Ondo Finance announced an exciting partnership.
- OUSG will now be available on the XRP Ledger.
- The price of XRP pumped back up to near its previous ATH price.
With the price of Bitcoin having dipped to the lower end of its sideways movement to hit $102,000, analysts are keeping a closer watch on altcoins while Bitcoin recovers. The two altcoin taking the spotlight today are Ripple’s XRP and Ondo Finance (ONDO). In detail, these two projects are now collaborating.
Ripple and Ondo Finance Partnership
In detail, XRP and Ondo Finance have announced a partnership to further boost blockchain and crypto innovation. As we can see from the post above, Ondo Finance and Ripple are working together to bring OUSG to the XRP Ledger. Ripple’s CEO, Brad Garlinghouse confirms how he advocated for XRP to act as a digital reserve in the US government, showing the project’s determination to become as integral blockchain project.
OUSG Now on XRP Ledger, XRP Price Pumps
OUSG is a tokenized short-term US Treasury bill ETF. This partnership is making the service and product more accessible to the greater masses. The announcement received bullish responses from the greater crypto community and plenty of crypto enthusiasts are pleased to see two of the most promising crypto projects working together to boost blockchain adoption and remove the barrier to crypto investing.
This collaboration is also likely one of the biggest contributors to XRP’s price pump of almost 10% yesterday. The altcoin is highly anticipated to set new ATHs very soon as the price of XRP has neared its previous ATH. In terms of how high XRP can go, analysts have shared predictions that take the asset from $10 to $25 and greater.
