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JPMorgan, Ripple, Mastercard, and Ondo Finance have completed a pilot transaction involving tokenized treasuries on the XRP Ledger.
JPMorgan, Ripple, Mastercard, and Ondo Finance completed a real-time tokenized treasury settlement on XRPL.
KEY POINTS
- This marks the first cross-border, cross-bank U.S. Treasury settlement on a public blockchain in real time.
- Mastercard’s Multi-Token Network routed redemption instructions from XRPL to JPMorgan’s Kinexys platform.
- Total RWA value on the XRP Ledger has risen over 78% in 30 days, surpassing $3 billion.
COMPANIES
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