📰 【Ondo Finance completes first XRP ledger treasury redemption to a Singapore bank】


Ondo Finance successfully piloted the first near real-time cross-border redemption of a tokenized U.S. Treasury fund, utilizing the XRP ledger and the Mastercard multi-token network to connect public blockchains with traditional banking systems. Integration...
XRP finally has some practical use, but don’t think this will change its role as a payment channel. Ondo Finance’s move is just patching the slow CeFi system; if it really wanted to challenge traditional banks’ cake, it’s still a long way off.

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ONDO5,8%
XRP-2,42%
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