Community Articles
via Cointelegraph · By Cointelegraph Staff
JPMorgan, Mastercard Make US Treasury Transfer on XRP Ledger
XRP
XRP/USDT
$0.9999
-0.17%
$0.9999
-0.17%
(24s)24h Volume
$422,573,822.07
24h H/L
$1.0037 / $0.9882
Change: $0.0155 (1.57%)
Long/Short
78.5%
Long: 78.5%Short: 21.5%
Funding Rate
-0.0054%
Shorts 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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