Ondo Finance, together with JPMorgan, Mastercard, and Ripple's Kinexys, completed the first cross-border repurchase after US Treasury bond tokenization in real-time on the XRP Ledger. The transaction took less than five seconds and was completed outside normal banking hours.


🏦 First, Ondo redeemed tokenized OUSG funds on the XRP Ledger; then Mastercard sent instructions to Kinexys, while JPMorgan transferred dollars into Ripple's account in Singapore. This marks the first direct integration example of public blockchain with large banking infrastructure for such settlements.
This could be an important step toward 24/7 global finance: tokenizing assets and connecting with banking systems, enabling faster international settlements and transforming liquidity management for large investors.
$XRP $ONDO $USDC
XRP-2.38%
ONDO10.2%
USDC0.01%
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