Ripple, JPMorgan settle first cross-border tokenized Treasury redemption on XRP Ledger

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The pilot, run with Ondo Finance and Mastercard, processed the redemption of Ondo's OUSG tokenized Treasury fund in under five seconds.

source https://www.coindesk.com/markets/2026/05/07/ripple-jpmorgan-settle-first-cross-border-tokenized-treasury-redemption-on-xrp-ledger

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