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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

$1.0806
+0.14%
24h Volume

$525,338,204.98

24h H/L

$1.095 / $1.0722

Change: $0.0228 (2.13%)

Long/Short
74.4%
Long: 74.4%Short: 25.6%
Funding Rate

-0.0020%

Shorts pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.0822

-0.07%

Volume (24h): -

Resistance Levels
Resistance 3$1.1634
Resistance 2$1.1161
Resistance 1$1.0964
Price$1.0822
Support 1$1.07
Support 2$1.0483
Support 3$1.0272
Pivot (PP):$1.0821
Trend:Downtrend
RSI (14):45.4
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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Decrypt Editorial · Decrypt

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