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Techub News Report, according to U.Today, a consortium consisting of JPMorgan Chase, Mastercard, Ripple, and others has completed a pilot demonstrating near real-time redemption of tokenized U.S. Treasury bonds based on the XRP Ledger, aiming to address the settlement inefficiencies in the $30 trillion U.S. Treasury market. The process achieves redemption and dollar settlement in three steps. Currently, the tokenized Treasury bond market size is only about $15 billion, and institutions like DTCC are exploring similar services to promote a 24/7 around-the-clock trading ecosystem.