News Explorer — Ondo Finance Processes US Treasury Fund Redemption on XRP Ledger

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May 6, 6:52 pm

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Ondo Finance Processes US Treasury Fund Redemption on XRP Ledger

Ondo Finance, in collaboration with JPMorgan, Mastercard, and Ripple, completed the first near-real time cross-border redemption of a tokenized U.S. Treasury fund. The transaction, processed on the XRP Ledger, showcased the potential for seamless movement between blockchain infrastructure and the global financial system.

Ondo Finance, in collaboration with JPMorgan, Mastercard, and Ripple, completed the first near-real time cross-border redemption of a tokenized U.S. Treasury fund. The transaction, processed on the XRP Ledger, showcased the potential for seamless movement between blockchain infrastructure and the global financial system.

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