Ondo, JPMorgan, Mastercard and Ripple Team to Settle Tokenized Treasuries on XRP Ledger

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…