Mastercard, JPMorgan, Ripple, Ondo Complete First Cross-Border Treasury Settlement
On May 6, several major financial firms completed something that had never been done before. Mastercard, Ondo Finance, JPMorgan’s Kinexys platform, and Ripple completed a cross-border settlement of tokenized U.S. Treasuries on a public blockchain in under five seconds. Here is exactly how it worked: The entire workflow was executed outside traditional banking hours. Ondo […]
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