#JP Morgan $Mastercard 🔥 Ripple and Ondo Finance have completed a pilot test that liquidated the redemption of a tokenized U.S. Treasury bond among banks and across borders in nearly real-time, according to the companies.
The transaction facilitated the redemption of Ondo Short-Term US Government Treasuries (OUSG) tokens from Ripple on the XRP Ledger via Mastercard's Multi-Token Network and JPMorgan's Kinexys platform, which delivered dollars to Ripple's bank account in Singapore $ORN
#Riple $RSR $YFI