Ripple, JPMorgan, Mastercard, and Ondo complete a historic experiment for tokenized Treasury bonds on the XRP Ledger.
Ripple has been linked to one of the most significant institutional blockchain experiments we've seen so far in 2026, as JPMorgan, Mastercard, and Ondo Finance completed the first near real-time cross-border redemption of a 'tokenized' U.S. Treasury bond on the XRP Ledger. The importance of this transaction lies in its connection of the public blockchain infrastructure with traditional banking systems in a live and direct workflow, not just a theoretical experiment.