Ondo, JPMorgan, Mastercard and Ripple Team to Settle Tokenized Treasuries on XRP Ledger – Decrypt
In brief Ondo Finance worked with JPMorgan’s Kinexys, Mastercard, and Ripple to execute the first cross-border, cross-bank redemption of tokenized U.S. Treasuries. The transaction processed in under five seconds on the XRP Ledger, demonstrating near-real-time settlement outside traditional banking windows. Mastercard’s Multi-Token Network enabled interoperability between on-chain assets and traditional fiat money. Ondo Finance, a...
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