Ondo, JPMorgan Settle Tokenized Treasuries on XRP Ledger

TLDR Ondo Finance completed a near-real-time cross-border redemption of its tokenized U.S. Treasury fund using blockchain infrastructure from JPMorgan, Mastercard, and Ripple. The companies processed the transaction in under five seconds on the XRP Ledger, according to their joint announcement. Mastercard enabled interoperability between on-chain assets and traditional fiat systems through its Multi Token Network. [...]

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