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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

$1.5848
+7.67%
24h Volume

$2,876,696,833.75

24h H/L

$1.60 / $1.4663

Change: $0.1337 (9.12%)

Long/Short
73.6%
Long: 73.6%Short: 26.4%
Funding Rate

+0.0065%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.5496

▲ 0.97%

Volume (24h): -

Resistance Levels
Resistance 3$1.894
Resistance 2$1.6678
Resistance 1$1.5714
Price$1.5496
Support 1$1.5315
Support 2$1.4303
Support 3$1.3094
Pivot (PP):$1.5115
Trend:Uptrend
RSI (14):63.0
DE
Decrypt Editorial
(06:52 PM UTC)
1 min read
MR
Reviewed byMichael Roberts

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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