OUSG vs USTB
Ondo Short-Term US Government Treasuries and Invesco Short Duration US Government Securities Fund are both treasuries tokens, so this page compares them. OUSG is issued by Ondo I LP with no published chain list. USTB is issued by Invesco Advisers, Inc. on Ethereum, Solana, Plume. The cited pages differ on issuer, custodian, fees, redemption, minimum size, chains. A dash is a field the issuer page does not state. The reverse URL redirects to this alphabetical pair.
All RWA tokens · Ondo Short-Term US Government Treasuries · Invesco Short Duration US Government Securities Fund
| Field | Ondo Short-Term US Government Treasuries | Invesco Short Duration US Government Securities Fund |
|---|---|---|
| Ticker | OUSG | USTB |
| Asset class | Treasuries | Treasuries |
| Issuer | Ondo I LP | Invesco Advisers, Inc. |
| Issuer jurisdiction | Delaware (general partner Ondo I GP LLC and investment manager Ondo Capital Management LLC) | United States |
| Regulator | Private fund under Section 3(c)(7) of the Investment Company Act. Offered under Rule 506(c) of Regulation D. Ondo says purchasers must be verified accredited investors and qualified purchasers, and must pass customer due diligence run by the general partner. | Offered to accredited investors and qualified purchasers. The fund is a series of a Delaware statutory trust. CUSIP 86851T204. Superstate Services LLC is the transfer agent. |
| Token type | Each OUSG token is a unitized limited partnership interest. The portfolio is invested in short-term U.S. Treasury and government-sponsored-enterprise funds from managers such as BlackRock, Franklin Templeton, WisdomTree, and Fidelity, plus bank deposits and USDC. Ondo says the majority of assets are in BlackRock's BUIDL fund. | Ownership is represented by the USTB token or by book-entry shares. The fund gives access to short-duration U.S. Treasury bills. Its stated objective is current income consistent with liquidity and stability of principal. Interest accrues in real time on subscription. |
| Custodian | — | The Bank of New York Mellon |
| Auditor | Ondo publishes smart-contract audits for Ondo Funds and USDY, including reports from Spearbit, Halborn, Code4rena, Cyfrin, and others. The trust page says periodic fund audits are shared with authorized requesting parties and does not name the fund auditor. | PricewaterhouseCoopers LLP |
| Chains | — | Ethereum, Solana, Plume |
| Fees | Management fee 0.15%, waived until 1 Jan 2027. Instant mints and redemptions are capped per 24 hours at the amounts shown on Ondo's site. This card does not copy that live cap. | Management fee at most 0.15%, as displayed on the Superstate fund page. |
| Redemption | Instant mint and redemption with USDC or PYUSD, 24/7, into the same wallet, within the daily instant limit. Amounts above the limit can be submitted as non-instant requests to support@ondo.finance. Non-instant minimums are $100,000 to invest and $50,000 to redeem. | Subscriptions and redemptions use USD or USDC, with liquidity each market day. USDC is immediate. USD subscriptions cut off at 5:00 pm ET and USD redemptions at 1:00 pm ET. Investors can also hold book-entry shares and convert them to tokens. |
| Minimum unit | Instant subscription and redemption minimum $5,000. Non-instant investment minimum $100,000 and redemption minimum $50,000. | — |
| Launched | — | — |
| Website | https://ondo.finance/ousg | https://superstate.com/assets/ustb |
| CoinGecko id | — | — |
| Market cap | — | — |
| Supply | — | — |
Eligibility and redemption read from the issuer on 31 Oct 2026
How to buy OUSG
An onboarded eligible investor mints on the Ondo website with USDC or PYUSD and receives OUSG at the same wallet. The overview says instant mints and redemptions are capped each 24 hours at amounts shown on Ondo's site. This page does not copy that live cap. An amount above the cap can be sent as a non-instant request to support@ondo.finance.
The trust page says the general partner administers customer due diligence for anti-money laundering, counter-terrorist financing, and sanctions. Purchasers must be verified accredited investors and qualified purchasers.
Who can and cannot hold OUSG
Ondo Short-Term US Government Treasuries is issued from Delaware (general partner Ondo I GP LLC and investment manager Ondo Capital Management LLC).
Regulator, as published: Private fund under Section 3(c)(7) of the Investment Company Act. Offered under Rule 506(c) of Regulation D. Ondo says purchasers must be verified accredited investors and qualified purchasers, and must pass customer due diligence run by the general partner.
The trust page says OUSG is a private fund under Section 3(c)(7), so it is only for qualified purchasers, and that it is offered under Rule 506(c), so a buyer must be a verified accredited investor. The buyer must also pass customer due diligence run by the general partner. Tokens may be transferred only to investors who have already onboarded to Ondo's qualified-access funds. The pages do not add a country list on top of those tests.
What redemption actually means in practice for OUSG
The overview sets the instant redemption minimum at $5,000 and the non-instant redemption minimum at $50,000.
Instant redemption pays USDC to the same wallet that holds the tokens. Instant mints accept USDC or PYUSD. The overview does not name a bank or a city for cash.
The overview states a management fee of 0.15%, waived until January 1, 2027.
The overview describes an instant mint or redemption as immediate, inside the daily limit displayed on Ondo's site. It does not print that limit and does not state how many days a non-instant request takes.
The issuer does not publish a storage fee for Ondo Short-Term US Government Treasuries.
Direct purchase minimum: Instant subscription minimum $5,000. Non-instant investment minimum $100,000.
Reserve report: The trust page says the results of periodic fund audits are on the product page for authorized requesting parties, and that those audits are shared with authorized requesting parties. It does not name the fund auditor or an assurance standard. Smart-contract audits linked from that page are code reviews.
How to buy USTB
The cited catalog does not include an official how-to-buy path for Invesco Short Duration US Government Securities Fund.
Who can and cannot hold USTB
Invesco Short Duration US Government Securities Fund is issued from United States.
Regulator, as published: Offered to accredited investors and qualified purchasers. The fund is a series of a Delaware statutory trust. CUSIP 86851T204. Superstate Services LLC is the transfer agent.
The cited catalog does not include a restricted-holder statement for Invesco Short Duration US Government Securities Fund.
What redemption actually means in practice for USTB
Redemption, as published: Subscriptions and redemptions use USD or USDC, with liquidity each market day. USDC is immediate. USD subscriptions cut off at 5:00 pm ET and USD redemptions at 1:00 pm ET. Investors can also hold book-entry shares and convert them to tokens.
The issuer does not publish a minimum size for Invesco Short Duration US Government Securities Fund.
Fees, as published: Management fee at most 0.15%, as displayed on the Superstate fund page.
Ondo Short-Term US Government Treasuries sources
Invesco Short Duration US Government Securities Fund sources
Questions
Yes. Both are treasuries. RWA Leads does not publish a comparison across asset classes.
Ondo Short-Term US Government Treasuries: Ondo I LP. Invesco Short Duration US Government Securities Fund: Invesco Advisers, Inc..
OUSG fees: Management fee 0.15%, waived until 1 Jan 2027. Instant mints and redemptions are capped per 24 hours at the amounts shown on Ondo's site. This card does not copy that live cap.. USTB fees: Management fee at most 0.15%, as displayed on the Superstate fund page.. OUSG redemption: Instant mint and redemption with USDC or PYUSD, 24/7, into the same wallet, within the daily instant limit. Amounts above the limit can be submitted as non-instant requests to support@ondo.finance. Non-instant minimums are $100,000 to invest and $50,000 to redeem.. USTB redemption: Subscriptions and redemptions use USD or USDC, with liquidity each market day. USDC is immediate. USD subscriptions cut off at 5:00 pm ET and USD redemptions at 1:00 pm ET. Investors can also hold book-entry shares and convert them to tokens..
The slugs in alphabetical order: /compare/ousg-vs-ustb. The other order is a permanent redirect.
Ondo Short-Term US Government Treasuries: An onboarded eligible investor mints on the Ondo website with USDC or PYUSD and receives OUSG at the same wallet. The overview says instant mints and redemptions are capped each 24 hours at amounts shown on Ondo's site. This page does not copy that live cap. An amount above the cap can be sent as a non-instant request to support@ondo.finance. The trust page says the general partner administers customer due diligence for anti-money laundering, counter-terrorist financing, and sanctions. Purchasers must be verified accredited investors and qualified purchasers. Invesco Short Duration US Government Securities Fund: The cited catalog does not include an official how-to-buy path for Invesco Short Duration US Government Securities Fund.
Ondo Short-Term US Government Treasuries is issued from Delaware (general partner Ondo I GP LLC and investment manager Ondo Capital Management LLC). Regulator, as published: Private fund under Section 3(c)(7) of the Investment Company Act. Offered under Rule 506(c) of Regulation D. Ondo says purchasers must be verified accredited investors and qualified purchasers, and must pass customer due diligence run by the general partner. The trust page says OUSG is a private fund under Section 3(c)(7), so it is only for qualified purchasers, and that it is offered under Rule 506(c), so a buyer must be a verified accredited investor. The buyer must also pass customer due diligence run by the general partner. Tokens may be transferred only to investors who have already onboarded to Ondo's qualified-access funds. The pages do not add a country list on top of those tests. Invesco Short Duration US Government Securities Fund is issued from United States. Regulator, as published: Offered to accredited investors and qualified purchasers. The fund is a series of a Delaware statutory trust. CUSIP 86851T204. Superstate Services LLC is the transfer agent. The cited catalog does not include a restricted-holder statement for Invesco Short Duration US Government Securities Fund.
Ondo Short-Term US Government Treasuries: The overview sets the instant redemption minimum at $5,000 and the non-instant redemption minimum at $50,000. Instant redemption pays USDC to the same wallet that holds the tokens. Instant mints accept USDC or PYUSD. The overview does not name a bank or a city for cash. The overview states a management fee of 0.15%, waived until January 1, 2027. The overview describes an instant mint or redemption as immediate, inside the daily limit displayed on Ondo's site. It does not print that limit and does not state how many days a non-instant request takes. The issuer does not publish a storage fee for Ondo Short-Term US Government Treasuries. Direct purchase minimum: Instant subscription minimum $5,000. Non-instant investment minimum $100,000. Reserve report: The trust page says the results of periodic fund audits are on the product page for authorized requesting parties, and that those audits are shared with authorized requesting parties. It does not name the fund auditor or an assurance standard. Smart-contract audits linked from that page are code reviews. Invesco Short Duration US Government Securities Fund: Redemption, as published: Subscriptions and redemptions use USD or USDC, with liquidity each market day. USDC is immediate. USD subscriptions cut off at 5:00 pm ET and USD redemptions at 1:00 pm ET. Investors can also hold book-entry shares and convert them to tokens. The issuer does not publish a minimum size for Invesco Short Duration US Government Securities Fund. Fees, as published: Management fee at most 0.15%, as displayed on the Superstate fund page.