Ripple, Ondo Pilot Near-Instant Treasury Fund Redemption Across XRP Ledger and JPMorgan Rails
Ripple redeemed OUSG on the XRP Ledger in a pilot involving Ondo, Mastercard and Kinexys by J.P. Morgan. The XRP Ledger processed the tokenised Treasury asset leg in beneath 5 seconds. Mastercard routed settlement directions whereas Kinexys delivered U.S. {dollars} to Ripple’s Singapore checking account. Ripple and Ondo Finance examinedContinue Reading


