Mastercard, Ondo Finance, Kinexys by JPMorgan, and Ripple have collaborated on a milestone transaction, connecting the XRP Ledger public blockchain to interbank settlement systems to enable cross-border redemption of tokenized U.S. Treasuries (OUSG). The pilot routed instructions through Mastercard’s multi-asset network to JPMorgan’s settlement轨道, achieving near-real-time settlement outside traditional banking hours, demonstrating the integration of blockchain with traditional financial infrastructure.
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