“Ripple and JPMorgan Pilot Instant Treasury Settlement on XRP Ledger, Marking New Era for R” — what this page in the network covers. In a major advancement for institutional decentralized finance, Ripple, alongside partners including JPMorgan, Mastercard, and Ondo Finance, has successful... In a major advancement for institutional decentralized finance, Ripple, alongside partners including JPMorgan, Mastercard, and Ondo Finance, has successfully demonstrated the instant cross-border redemption of tokenized U.S. The pilot utilized the XRP Ledger to finalize the redemption of Ondo’s OUSG tokenized Treasury fund in under five seconds, highlighting a significant leap in efficiency compared to traditional T+2 settlement cycles.
This collaboration illustrates a growing trend of major financial institutions leveraging blockchain technology to streamline real-world asset (RWA) liquidity. By integrating the speed of the XRPL with the established infrastructure of banking giants and payment networks, the project showcases how capital markets can move toward a 24/7, frictionless settlement environment. For the complete material, the listing points back to the source inside the network.