On February 27, according to an announcement from Ondo Finance, Mastercard will integrate Ondo Finance into the Multi-Token Network (MTN), transforming it into the first real asset provider (RWA) on the network. Ondo’s Short-Term Treasury Fund of the United States (OUSG) will become the first RWA tokenization solution on MTN. This allows businesses to receive daily profits and flexible on-chain currency management services.
This integration enables MTN’s enterprise users to directly access OUSG on the public blockchain and make payments through traditional banking channels without the need for additional cryptocurrency infrastructure. The OUSG fund is backed by BlackRock BUIDL Fund, Franklin Templeton, WisdomTree, and other organizations, ensuring stability and liquidity. The content above is for market information purposes only and is not investment advice.
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Ondo Finance collaborates with Mastercard to bring RWA into MTN
On February 27, according to an announcement from Ondo Finance, Mastercard will integrate Ondo Finance into the Multi-Token Network (MTN), transforming it into the first real asset provider (RWA) on the network. Ondo’s Short-Term Treasury Fund of the United States (OUSG) will become the first RWA tokenization solution on MTN. This allows businesses to receive daily profits and flexible on-chain currency management services.
This integration enables MTN’s enterprise users to directly access OUSG on the public blockchain and make payments through traditional banking channels without the need for additional cryptocurrency infrastructure. The OUSG fund is backed by BlackRock BUIDL Fund, Franklin Templeton, WisdomTree, and other organizations, ensuring stability and liquidity. The content above is for market information purposes only and is not investment advice.
Thank you for reading this article! Please Like, Comment and Follow TinTucBitcoin to always update the latest news about the cryptocurrency market and not miss any important information!