JPMorgan, Mastercard Ran RLUSD Through The First 5-Second Treasury Redemption
A pilot involving Ripple, JPMorgan's Kinexys, Mastercard and Ondo Finance cleared a cross-border tokenized US Treasury redemption on the XRP Ledger in under five seconds. Tokenized Treasury Pilot The four firms completed the redemption of Ondo's tokenized Treasury fund OUSG outside traditional banki