Community Articles
via Cointelegraph · By Cointelegraph Staff
JPMorgan, Mastercard Make US Treasury Transfer on XRP Ledger
XRP
XRP/USDT
$1.4239
+0.50%
$1.4239
+0.50%
(24s)24h Volume
$1,173,450,312.91
24h H/L
$1.4327 / $1.398
Change: $0.0347 (2.48%)
Long/Short
73.9%
Long: 73.9%Short: 26.1%
Funding Rate
+0.0025%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(02:05 AM UTC)
1 min read
Wall Street bank JPMorgan and credit card giant Mastercard said they have completed the first cross-border, cross-bank redemption of a tokenized US Treasury fund, working with Ripple’s XRP Ledger and interbank settlement rails.
The pilot transaction involved blockchain tokenization platform Ondo Finance redeeming the US Ondo Short-Term US Government Treasuries (OUSG) fund for Ripple on the XRP…
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