- A pilot program demonstrated the rapid settlement of a tokenized Ondo Finance treasury, a major US bank, and a global card network on a public blockchain.
- RLUSD acted as a bridge, and XRP was used for transaction fees, showcasing a previously considered impossible financial feat.
- While still a pilot, this event highlights significant advancements in the potential for blockchain technology in traditional finance.
Topics: Asset types, Infrastructure providers, Blockchain usage, Financial instruments, Major financial incumbents, Ethereum evm l 1 s
Tags: #ondofinance #tokenizedtreasury #rlusd #xrp #settlement #publicchain #pilotprogram #financialinnovation
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