Ripple, JPMorgan & Mastercard Pull Off First Tokenized Treasury Deal
JPMorgan, Mastercard, Ripple, and Ondo Finance accomplished a pilot that settled a tokenized US Treasury redemption throughout banks and borders in close to actual time, the corporations mentioned. The transaction routed Ripple’s redemption of Ondo Short-Term US Government Treasuries (OUSG) tokens on the XRP Ledger by Mastercard’s Multi-Token Network and JPMorgan’s Kinexys platform, which delivered…
