Investment
Features
FeesSafety
Academy
More
Pluang+
|
Home/News Feed/JPMorgan, Mastercard, and Ondo settle tokenized US Treasury on XRP Ledger, awaiting legal clarity for scale.
ONDO
Rp6,539
+Rp756 +13.07%

JPMorgan, Mastercard, and Ondo settle tokenized US Treasury on XRP Ledger, awaiting legal clarity for scale.

Market News
18 Jun 2026
Crypto news
View Source
Bullish
pluang ai news

In May 2026, JPMorgan, Mastercard, and Ondo Finance successfully settled a tokenized US Treasury on the XRP Ledger, demonstrating the technology's capability for fast, on-chain settlement of real-world assets. This transaction highlights the XRP Ledger's growing use by major financial institutions, with over $3.5 billion in tokenized assets currently hosted. However, the lack of a clear legal framework for on-chain settlement in the US limits scaling beyond pilot projects. The CLARITY Act, a pending bill, aims to provide the necessary legal certainty to enable widespread institutional adoption of blockchain-based settlement infrastructure, potentially transforming traditional finance settlement processes.

More News (ONDO)

Ondo Finance launches first tokenized stocks backed by DTCC, boosting ONDO token amid cautious trading outlook.

Ondo Finance launches first tokenized stocks backed by DTCC, boosting ONDO token amid cautious trading outlook.

Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...

Market News
Neutral
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App