ONDO Climbs 17.9% as Treasury Pilot Boosts RWA Narrative

JPMorgan, Mastercard and Ripple complete cross-border XRP tokenized Treasury settlement

Ondo Finance said Ripple has redeemed OUSG on XRP Ledger and received a USD payout in Singapore through Mastercard and Kinexys by J.P. Morgan. The May 6 pilot tested whether a tokenized fund redemption on a public blockchain could trigger a bank-account payout across borders and banks, using a transaction path that Ondo said operated outside traditional banking windows. Ondo said the XRP Ledger leg processed in under five seconds. The cash leg s…

ONDO Climbs 17.9% as Treasury Pilot Boosts RWA Narrative

The post ONDO Climbs 17.9% as Treasury Pilot Boosts RWA Narrative appeared on BitcoinEthereumNews.com. ONDO climbed 17.9% after a tokenized Treasury pilot involving Ripple, Mastercard, and JPMorgan. Whale cohorts added about 77.7M ONDO in a month, showing broader accumulation across holders. ONDO must hold $0.42 to keep its breakout intact, with $0.47 and $0.55 as the next key levels. ONDO climbed 17.9% today after traders reacted to a tokenized…

XRP Price Prediction Strengthens After Ripple, JPMorgan, Mastercard Settle First Cross Border Tokenized Treasury on XRP Ledger: Pepeto Holds the Bigger Multiple

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ONDO Climbs 17.9% as Treasury Pilot Boosts RWA Narrative: Will Rally Last?

ONDO climbed 17.9% after a tokenized Treasury pilot involving Ripple, Mastercard, and JPMorgan. Whale cohorts added about 77.7M ONDO in a month, showing broader accumulation across holders. ONDO must hold $0.42 to keep its breakout intact, with $0.47 and $0.55 as the next key levels. ONDO climbed 17.9% today after traders reacted to a tokenized Treasury settlement pilot involving Ondo Finance, Ripple, Mastercard, and JPMorgan’s Kinexys platform.…

JPMorgan, Mastercard Make US Treasury Transfer on XRP Ledger – #CryptoUpdatesGNIT

JPMorgan and Mastercard said they have completed the first cross-border, cross-bank redemption of a tokenized US Treasury fund, working with Ripple’s XRP Ledger and interbank settlement rails. The pilot transaction involved blockchain tokenization platform Ondo Finance redeeming the US Ondo Short-Term US Government Treasuries (OUSG) fund for Ripple on the XRP Ledger. Mastercard’s Multi-Token Network routed settlement instructions to JPMorgan’s K…

ONDO Price Analysis: Treasury Pilot Puts $0.50 Back In Play

ONDO is one of the strongest large-cap crypto movers today after Ondo Finance completed a tokenized Treasury settlement pilot with Ripple, Mastercard, and Kinexys by J.P. Morgan. ONDO is currently trading around $0.424, up about 11.7% over 24 hours and 57.3% over seven days and one of the most search coins on Coingecko. Trading volume climbed to roughly $768 million, up about 140% from the prior day, while market capitalization stood near $2.07 …