POPA ReconπThe first overseas remittance test for U.S. government bonds with XRP leisure
πThe first overseas remittance test for U.S. government bonds with XRP leisure JPMorgan, Mastercard, Ondo Finance and Ripple have together completed pilot deals to repurchase and settle tokenized U.S. government bond funds across borders, across banks. Ripple repurchased part of Ondo Finance's short-term U.S. Treasury tokenization product, OUSG, which was issued on top of XRP Ledger, and Ondo processed the repurchase. Mastercard's Multi-Token Network then forwarded instructions for the payment of fiat money to JPMorgan's blockchain platform Kinexys, which sent the dollar to Ripple's Singaporβ¦
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