📰 【Ondo Finance Completes First XRP Ledger Treasury Redemption to a Singapore Bank】


Ondo Finance successfully piloted the first near real-time cross-border redemption of a tokenized U.S. Treasury fund, utilizing the XRP Ledger and the Mastercard multi-token network to connect public blockchains with traditional banking systems. Integration...
XRP finally has some practical use, but don’t think this will change its role as a payment channel. Ondo Finance’s move is just patching the slow CeFi system; if they really want to challenge traditional banks’ cake, it’s still a long way off.

👇👇👇👇👇
ONDO7.9%
XRP-1.66%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin