Ondo Finance, Ripple, Mastercard, and J.P. Morgan’s Kinexys completed a near-real-time cross-border redemption of tokenized U.S. Treasuries on the XRP Ledger, with fiat settlement routed to Ripple’s bank account in Singapore.

Ondo Finance, Ripple, Mastercard, and J.P. Morgan’s Kinexys completed a near-real-time cross-border redemption of tokenized U.S. Treasuries on the XRP Ledger, with fiat proceeds delivered to a Singapore bank account.

Ondo Finance, in collaboration with Ripple, Mastercard, and J.P. Morgan Kinexys, has successfully piloted the first near-real-time cross-border redemption of a tokenized U.S. Treasury fund on the XRP Ledger, solving the 'last mile' settlement challenge for tokenized assets.

Ondo Finance, in partnership with Ripple, Mastercard, and J.P. Morgan, successfully piloted the first near-real-time cross-border redemption of a tokenized U.S. Treasury fund on the XRP Ledger, settling funds via a Singapore bank. The test demonstrates a breakthrough in integrating public blockchain with legacy banking systems.

SoFi Technologies partners with Mastercard to allow settlement of card transactions using SoFiUSD, an OCC-regulated stablecoin, marking a major step in integrating compliant stablecoins into mainstream card payment infrastructure.

Mastercard has launched global end-to-end stablecoin payment capabilities, extending support from digital wallets to merchant checkout, remittances, and settlement through partners including OKX, Nuvei, and Circle.

Mastercard launches end-to-end stablecoin capabilities globally, partnering with OKX, Nuvei, MetaMask, Kraken, Gemini, and more to enable stablecoin spending at 150M+ merchants, cross-border remittances, and on-chain settlements.

Mastercard has launched end-to-end global stablecoin payment capabilities, partnering with OKX, Nuvei, Circle, and major crypto platforms to connect wallets, merchant acceptance, remittances, and institutional settlement networks.