"The successful test of the first near-real-time, cross-border redemption of a tokenized U.S. Treasury fund by Ondo Finance on the XRP Ledger and Mastercard's Multi-Token Network is a significant milestone in bridging public blockchain and traditional banking, solving a major friction point for banks and setting a new standard for global financial markets."
Ondo Finance piloted a cross-border Treasury redemption using XRP Ledger and Mastercard's Multi-Token Network, marking the first near-real-time, 24/7 settlement for tokenized assets. This test bridges public blockchain and traditional banking, solving a major friction point for banks and setting a new standard for global financial markets.
#ondo-finance #cross-border-redemption #tokenized-assets #xrp-ledger #mastercard-multi-token-network
Read at news.bitcoin.com
Unable to calculate read time
Collection
[
|
...
]