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06/23 15:27

Ripple settled a tokenized Treasury with JPMorgan.

#World Cup Predictions: 100,000 USDT Daily #HTX Invites You to Share 600K USDT in Gift Packs #TradFi Trading Strategies Sharing Challenge Ripple settled a tokenized Treasury with JPMorgan. What it means for XRP A redemption that used to take days cleared in about five seconds. The names in the room matter more than the speed, and the question for $XRP holders is where the token actually sits in the flow. On June 12, JPMorgan, Mastercard, Ondo Finance, and Ripple completed a test that moved a tokenized United States Treasury through a full redemption on the $XRP Ledger. The settlement finished in roughly five seconds. The same operation on traditional rails takes three to five business days. crypto.news shared the result the day it happened, and within hours the $XRP community had folded it into the familiar story: another institution, another marquee logo, another reason the token should be worth more than it is. NEW: JPMorgan, Mastercard, Ondo Finance and Ripple complete tokenized Treasury redemption test on $XRP Ledger. Settlement took roughly 5 seconds compared to 3 to 5 business days on traditional rails pic.twitter.com/9Rkd3MkWF4 — crypto.news (@cryptodotnews) June 12, 2026 The speed is real and the participants are real. What deserves a closer look is the part the headlines skip, which is the exact role $XRP the asset plays when a tokenized Treasury changes hands on its ledger. That answer is more interesting than a simple win or loss. It sets the boundary on how much a holder should read into the news. What actually happened on June 12 Strip the announcement down to its parts and the test looks like this. Ondo Finance issued a tokenized version of a short-dated United States Treasury instrument, the kind of product that wraps a real government bond into an on-chain token that pays the yield of the underlying paper. Mastercard provided the link between the regulated money layer and the chain through its Multi-Token Network, the rails it has been bu
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