# OUSG (OUSG) Quantum Readiness Report

> OUSG has a QRI score of 0/100 and is assessed at Stage 0 (Unassessed / No Evidence) with medium evidence confidence.

Evaluation date: 2026-06-05. Review status: draft. Evaluated scope: Tokenized RWA (ERC-20 and multi-chain equivalents) with token-specific admin/governance key evaluation; inherits host-chain classical ECC cryptography.

OUSG (Ondo Short-Term US Government Treasuries) is a tokenized RWA deployed as a standard ERC-20 token on Ethereum, Polygon, Solana, and XRP Ledger. It inherits the quantum-vulnerable ECDSA/EdDSA spend authorization of all its host chains. Critically, all token-specific administrative functions — including minting, burning, pausing, KYC registry management, contract upgrades, and redemption controls — are secured by a 4-of-7 Gnosis Safe multisig using ECDSA signatures, with no on-chain timelock. Ondo Finance has not published any cryptographic inventory, quantum threat model, PQC migration roadmap, or quantum risk assessment for OUSG. The ToS contains a generic quantum disclaimer that does not constitute QRI-qualifying assessment. With approximately $556M-$625M in AUM (May 2026) and zero quantum readiness work, OUSG represents significant quantum-exposed value-at-risk. The project is at Stage 0 (Unassessed / No Evidence) with a QRI Score of 0/100, capped by the absence of any public cryptographic inventory. Per token inheritance rules (QRI Section 7.2), OUSG shares its host chains' quantum vulnerabilities, with additional token-specific exposure from classical admin keys.

## Core resources

- [OUSG QRI report](https://qrindex.org/projects/ousg/): Human-readable assessment with score, stage, evidence, blockers, risks, and assurance notes.
- [OUSG structured report data](https://qrindex.org/projects/ousg/report.json): Complete report as JSON for deterministic machine processing.
- [QRI methodology](https://qrindex.org/methodology/): Scoring model, evidence handling, readiness stages, confidence, assurance, and report status.
- [All QRI project reports](https://qrindex.org/llms.txt): Score-ranked index of every published project assessment.
- [OUSG official website](https://ondo.finance/): Project-maintained website.
- [OUSG source repository 1](https://github.com/ondoprotocol/tokenized-funds): Project source code referenced by QRI.



## Evidence sources

- [Evidence source 1](<https://docs.ondo.finance/qualified-access-products/ousg/overview>): Public source cited by the OUSG QRI assessment.
- [Evidence source 2](<https://docs.ondo.finance/trust-and-security>): Public source cited by the OUSG QRI assessment.
- [Evidence source 3](<https://docs.ondo.finance/audits>): Public source cited by the OUSG QRI assessment.
- [Evidence source 4](<https://docs.ondo.finance/addresses>): Public source cited by the OUSG QRI assessment.
- [Evidence source 5](<https://etherscan.io/token/0x1b19c19393e2d034d8ff31ff34c81252fcbbee92>): Public source cited by the OUSG QRI assessment.
- [Evidence source 6](<https://docs.ondo.finance/qualified-access-products/ousg/technical>): Public source cited by the OUSG QRI assessment.
- [Evidence source 7](<https://github.com/ondoprotocol/tokenized-funds/blob/main/contracts/token/CashKYCSenderReceiver.sol>): Public source cited by the OUSG QRI assessment.
- [Evidence source 8](<https://etherscan.io/address/0xAEd4caF2E535D964165B4392342F71bac77e8367>): Public source cited by the OUSG QRI assessment.
- [Evidence source 9](<https://github.com/stakingrewards/defi-risk-rating/blob/master/ratings/Ondo-OUSG.md>): Public source cited by the OUSG QRI assessment.
- [Evidence source 10](<https://app.rwa.xyz/assets/OUSG>): Public source cited by the OUSG QRI assessment.
- [Evidence source 11](<https://ripple.com/insights/tokenized-treasuries-go-live-on-the-xrpl/>): Public source cited by the OUSG QRI assessment.
- [Evidence source 12](<https://docs.ondo.finance/>): Public source cited by the OUSG QRI assessment.
- [Evidence source 13](<https://summit.ondo.finance/>): Public source cited by the OUSG QRI assessment.
- [Evidence source 14](<https://ondo.finance/ousg>): Public source cited by the OUSG QRI assessment.
- [Evidence source 15](<https://github.com/ondoprotocol/tokenized-funds>): Public source cited by the OUSG QRI assessment.