Ondo, Kinexys by J.P. Morgan, Mastercard, and Ripple Complete First Cross-Border, Cross-Bank Redemption of Tokenized U.S. Treasuries

ahboyashreads (@ahboyashreads), May 6, 2026, 15:33 UTC

Ondo, Kinexys by J.P. Morgan, Mastercard, and Ripple Complete First Cross-Border, Cross-Bank Redemption of Tokenized U.S. Treasuries Ondo Finance, Kinexys by J.P. Morgan, Mastercard, and Ripple have successfully completed the first near real-time, cross-border redemption of tokenized U.S. Treasuries This pilot establishes a 24/7 framework that connects public blockchain infrastructure, specifically the XRP Ledger, with traditional interbank settlement rails to enable seamless global asset movement outside standard banking hours https://ondo.finance/blog/ondo-jpmorgan-mastercard-ripple-token…

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