Ripple, JPMorgan settle first cross-border tokenized Treasury redemption on XRP Ledger
Burns Brief
The pilot, run with Ondo Finance and Mastercard, processed the redemption of Ondo's OUSG tokenized Treasury fund in under five seconds Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $XRP for reaction — a decisive move above or below key levels will confirm the next trend.
The pilot, run with Ondo Finance and Mastercard, processed the redemption of Ondo's OUSG tokenized Treasury fund in under five seconds.
Key Takeaways
- The pilot, run with Ondo Finance and Mastercard, processed the redemption of Ondo's OUSG tokenized Treasury fund in under five seconds