Ondo, JPMorgan, Mastercard and Ripple complete tokenized Treasury settlement on XRP Ledger

JPMorgan Chase (JPM), Mastercard (MA), Ripple, and Ondo Finance completed a tokenized U.S. Treasury redemption that joined the XRP Ledger with bank settlement rails across borders. Ondo said the test was the first near real-time, cross-border, cross-bank redemption of a tokenized U.S. Treasury fund. The setup gave institutions a working path for 24/7 tokenized asset...