1 hour ago
Ondo, Ripple, JPMorgan, and Mastercard Complete First 24/7 Tokenized Treasury Settlement
BusinessCross-Border PaymentsJPMorganMastercardOndo FinanceReal World AssetsRippletokenizationXRP Ledger
TLDR: Ondo and Ripple completed a near real-time tokenized Treasury redemption across borders. XRP Ledger processed the blockchain asset transfer in under five seconds during pilot. Mastercard MTN connected blockchain redemption directly with banking settlement rails. The pilot demonstrated 24/7 institutional settlement beyond standard banking hours. Ondo Finance has completed the first near real-time cross-border [...]
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