​Ondo, JPMorgan, Mastercard and Ripple Complete Historic Tokenized Treasury Settlement on XRP Ledger

Rickler Feed (@rickler_feed), May 7, 2026, 09:22 UTC

​Ondo, JPMorgan, Mastercard and Ripple Complete Historic Tokenized Treasury Settlement on XRP Ledger It was the first cross-border, cross-bank redemption of tokenized U.S. Treasuries ever recorded. Settlement completed in under five seconds on the XRP Ledger, outside traditional banking hours and across different banks and borders simultaneously. The pilot involved OUSG, Ondo's tokenized U.S. Treasury fund. Partners: Ondo Finance (OUSG issuer) + Kinexys by JPMorgan (interbank rails) + Mastercard MTN (fiat-onchain bridge) + Ripple/XRPL (settlement layer). 👉 x.com/OndoFinance/status/20520488…

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