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Ripple, JPMorgan settle first cross-border tokenized Treasury redemption on XRP Ledger
XRP
XRP/USDT
$1.4219
+0.49%
$1.4219
+0.49%
(24s)24h Volume
$1,163,753,598.51
24h H/L
$1.4327 / $1.398
Change: $0.0347 (2.48%)
Long/Short
73.6%
Long: 73.6%Short: 26.4%
Funding Rate
+0.0024%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(04:58 AM UTC)
1 min read
The pilot, run with Ondo Finance and Mastercard, processed the redemption of Ondo's OUSG tokenized Treasury fund in under five seconds.
What to know:
- Ondo Finance, working with JPMorgan’s Kinexys, Mastercard and Ripple, completed a near-real-time cross-border redemption of its tokenized U.S. Treasury fund OUSG on the XRP Ledger.
- The transaction, which settled in under five seconds and outside…
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