XRP Ledger Hits Top Record In US Treasury Fund

The race to dominate the tokenized real-world asset sector is becoming increasingly competitive, with blockchain networks seeking a larger share of institutional financial products moving on-chain.

Crypto pundit Xaif Crypto recently announced that the XRP Ledger has achieved a significant milestone by emerging as the leading blockchain for Ondo’s tokenized U.S. Treasury fund, ahead of both Ethereum and Solana in on-chain value.

In the X post, Xaif Crypto stated, “XRP Ledger is the #1 blockchain for Ondo’s tokenized US Treasury fund, surpassing Ethereum and Solana with $274M in total value held on-chain.”

The post included a video that pointed to blockchain data tracking tokenized U.S. Treasury assets and highlighted the XRP Ledger’s reported position at the top of the rankings.

Video Points to XRP Ledger’s On-Chain Treasury Holdings

During the attached video, the presenter referenced the RWA.xyz website, a platform that tracks real-world assets tokenized on public blockchains. The video directed viewers to the section covering tokenized U.S. Treasury bills and highlighted a chart comparing blockchain networks that host these assets.

According to the video, the XRP Ledger holds approximately $274 million worth of Ondo’s tokenized U.S. Treasury fund on-chain. The presenter emphasized that this figure places the XRP Ledger ahead of Ethereum and Solana, making it the largest blockchain by value for that particular fund.

The speaker also noted that the fund is associated with major financial firms, including BlackRock, Fidelity, and Franklin Templeton, pointing to their significant presence in the traditional asset management industry.

The video further noted that despite the XRP Ledger recording approximately $274 million in tokenized Treasury assets, only a limited number of wallets currently hold the tokens.

Community Reacts to the Development

The post generated reactions from members of the XRP community, with many viewing the reported figures as evidence of increasing institutional use of the XRP Ledger for tokenized financial products.

One commenter, GigaChadRizzGod, contrasted the XRP Ledger’s reported achievement with activity on Ethereum and Solana, writing that while users focused on meme coins and transaction fees on other networks, the XRP Ledger quietly secured the top position for Ondo’s tokenized Treasury holdings.

The commenter described the development as representing “real yield,” “real institutions,” and “real speed,” while predicting that the momentum could continue throughout 2026.

The post reflects ongoing interest in the expanding tokenized asset market, where blockchain networks compete to host financial products backed by traditional assets.

Xaif Crypto’s update has added to that conversation by highlighting the XRP Ledger’s reported leadership position in Ondo’s tokenized U.S. Treasury fund based on the latest on-chain figures presented in the accompanying video.

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