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via Decrypt · By Decrypt Editorial
Ondo, JPMorgan, Mastercard and Ripple Team to Settle Tokenized Treasuries on XRP Ledger
XRP
XRP/USDT
$1.3936
+20.68%
$1.3936
+20.68%
(24s)24h Volume
$6,081,239,496.20
24h H/L
$1.43 / $1.1541
Change: $0.2759 (23.91%)
Long/Short
73.1%
Long: 73.1%Short: 26.9%
Funding Rate
+0.0063%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(06:52 PM UTC)
1 min read
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…
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