Ondo Finance, Kinexys by JPMorgan Chase, Mastercard, and Ripple completed a breakthrough pilot connecting the XRP Ledger with institutional settlement rails. The transaction enabled tokenized U.S. Treasuries to settle across borders in near real time, even outside traditional banking hours. Ondo processed Ripple’s OUSG redemption on XRP Ledger, while Mastercard routed settlement instructions to Kinexys, which delivered USD to Ripple’s Singapore account. The milestone strengthens the case for always-on global markets powered by tokenized assets and blockchain infrastructure.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
NEAR Protocol emerged as one of the strongest-performing altcoins on Thursday after surging more than…
Notcoin surged as the Altcoin Season Index climbed 7.5% in 24 hours, signaling stronger capital…
Bitcoin is slowly regaining momentum as investors once again look toward the $100,000 milestone. After…
BNY Mellon is expanding its digital asset business into Abu Dhabi by launching crypto custody…
Toncoin has become the biggest crypto gainer of the day, surging more than 31% in…
BNY, the world’s largest custodian overseeing $59 trillion in assets, is expanding its digital asset…
