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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%
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
Ripple
Ripple
Daily

$1.3754

8.46%

Volume (24h): -

Resistance Levels
Resistance 3$1.5496
Resistance 2$1.4698
Resistance 1$1.40
Price$1.3754
Support 1$1.3344
Support 2$1.2755
Support 3$1.2014
Pivot (PP):$1.2334
Trend:Uptrend
RSI (14):82.7
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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