Ondo Short-Term U.S. Government Treasuries (OUSG)

In plain words on RIADeFi: Ondo OUSG.

This file replaced an earlier record on 2026-09-30. The file named BUIDL as the lead holding. The dated holdings table now shows a mix led by SWEEP, while the FAQ still claims a BUIDL majority. Superseded records.

Subscribers see which of their clients hold this program, each household’s answer against these terms, and an alert when the file changes. $49 per advisor per month, first 14 days free.

The verdict is on the memo: Ondo OUSG and USDY Not approved

Who may buy, hold, transfer, and redeem

Each answer rests on the issuer’s own words, quoted from the document named under it. Ketju re-reads each document and records whether the words are still there. Where the documents say nothing, the row says so.

Who may hold it

Only persons who are both accredited investors and qualified purchasers.

“OUSG tokens have not been registered under the US Securities Act of 1933, as amended (the “Act”) or the securities or financial instrument laws of any other jurisdiction, and are available solely to persons who are accredited investors (as defined in Rule 501 of Regulation D under the Act) and qualified purchasers (as defined in Section 2(a)(51) of the US Investment Company Act of 1940, as amended (the “40 Act”)).”

Ondo docs — legal and investor eligibility · Important Notes, first paragraph · words found 2026-09-23

First purchase minimum

$5,000 for instant subscriptions. $100,000 for non-instant subscriptions.

“For instant transactions, the minimum amount is $5,000 for both investments and redemptions. For non-instant transactions, our minimum investment and redemption amounts are $100K and $50K, respectively.”

Ondo Finance Docs: OUSG Investing · ”What is the minimum I can invest in OUSG?” · words found 2026-09-23

Account types

Individuals and entities. Trusts and IRAs are not named on this page.

“The most common criteria are individuals with a net worth of over $5M or organizations or entities with over $25M in assets.”

Ondo Finance Docs: OUSG Eligibility & Onboarding · ”Who can invest in OUSG? Who can redeem? Who can hold and/or transfer it?” · words found 2026-09-23

Who it may be transferred to

Only to investors onboarded to Ondo’s Qualified-Access Funds.

“Only individuals who have onboarded to our Qualified-Access Funds can invest in, redeem, or transfer, or receive OUSG or any other Qualified-Access Product.”

Ondo Finance Docs: OUSG Eligibility & Onboarding · ”Who can invest in OUSG? Who can redeem? Who can hold and/or transfer it?” · words found 2026-09-23

How a holder redeems

Instant: USDC in the same transaction. Otherwise tokens sent before 4pm ET are typically paid the next business day.

“If you do an instant redemption, the redemption takes place as an atomic transaction so you will receive your USDC at the same time as you send in your OUSG for redemption.”

Ondo docs — OUSG redemption terms · ”How quickly will I get my money once I redeem?” · words found 2026-09-23

Who keeps the official record

The documents read do not say.

Not stated in Ondo docs — legal and investor eligibility, docs.ondo.finance, docs.ondo.finance, Ondo Finance Docs: OUSG Investing, docs.ondo.finance, docs.ondo.finance, drive.google.com.

What the issuer says it can freeze or take back

The documents read do not say.

Not stated in docs.ondo.finance, Ondo docs — legal and investor eligibility, docs.ondo.finance, drive.google.com.

What the issuer filed with the SEC

A private offering files Form D with the SEC within 15 days of its first sale and amends it each year while it sells. The issuer signs it. It states the exemption relied on, the fund’s exclusion from the Investment Company Act (which decides who may buy), the smallest investment accepted, the amount sold, and how many investors hold.

Filed by Ondo I LP (SEC CIK 1957431). Sold to date counts every sale since the first, not the fund’s size today. Ketju reads EDGAR daily; a new filing reopens this file.

Who can change the record

Powers read from the deployed contracts and their verified source: the token and every contract it consults on transfer. A power recorded here is the issuer’s ability, not evidence it has been used.

Who holds the keys

Every current holder of each power, read from the chain on 2026-09-27. A single key is one private key: whoever holds it acts alone. A multisig needs the stated number of signers. A timelock makes every action wait, so holders can see it coming.

Where it trades

How it exits

Reopen conditions: events that change an answer above
• Ondo states which record governs ownership of the limited partnership interest, the chain or the administrator’s register; the claim model is then set from that document
• The KYC registry, proxy admin, or implementation on Ethereum changes, or a Solana permanent delegate or transfer hook is added
• A share class opens to accredited investors who are not qualified purchasers
• An instant-redemption failure, a NAV discrepancy, or an entitlement failure
• Ondo publishes an XRPL control model that can be read; that chain is then added

What the monitor reads daily

Every control function in the table above and the contracts the token consults on transfer; the token’s on-chain supply against yesterday’s; and its market quote against yesterday’s quote, since a fund of this kind accrues a few basis points a day. Every document quoted above is re-read too, and a quote that leaves its document reopens the file. EDGAR is read for the issuer’s Form D filings; a new filing reopens the file. A key that appears, disappears, or changes shape counts as a change only when the chain’s own log shows the grant, revocation, or signer change between yesterday’s block and today’s; a difference the log does not show updates this file’s key list and nothing more. A change opens a review item in the governance queue and reopens the file before any client action. Subscribers get an email naming each of their clients who hold it, with the household result.

File history

Revised 4 times since it was filed. Each superseded copy is kept as published, with the reason it was replaced.

Sources

• Ondo OUSG holdings table and FAQ · primary · accessed 2026-09-30
  Supports: September 30 holdings mix, FAQ conflicts with holdings table
• Ondo OUSG overview · primary · accessed 2026-09-30
  Supports: fund mix, liquidity balances
• Ondo docs — legal and investor eligibility · primary · accessed 2026-08-01
  Supports: accredited investor and qualified purchaser, Rule 506(c), Section 3(c)(7), who may-hold
• Ondo docs — OUSG instant limits · primary · accessed 2026-08-01
  Supports: $5,000 instant transaction minimum, instant USDC limits
• Ondo docs — OUSG redemption terms · primary · accessed 2026-08-01
  Supports: instant and business-day redemption, redemption
• Ondo docs — live OUSG contracts and supported chains · primary · accessed 2026-09-23
  Supports: Ethereum, Polygon, Solana, XRPL contract identities, OndoIDRegistry
• Verified implementation on Ethereum (Sourcify) · primary · accessed 2026-09-23
  Supports: kycRegistry gate, pause, burn and burnFrom, MINTER_ROLE mint, upgradeTo
• Ondo Finance Docs: OUSG Investing · primary · accessed 2026-09-23
  Supports: minimum
• Ondo Finance Docs: OUSG Eligibility & Onboarding · primary · accessed 2026-09-23
  Supports: account types, transfer
• docs.ondo.finance · primary · accessed 2026-09-23
  Supports: checked for record
• docs.ondo.finance · primary · accessed 2026-09-23
  Supports: checked for record
• docs.ondo.finance · primary · accessed 2026-09-23
  Supports: checked for record
• docs.ondo.finance · primary · accessed 2026-09-23
  Supports: checked for record
• drive.google.com · primary · accessed 2026-09-23
  Supports: checked for record