Ondo Finance partners with Mastercard to bring tokenized Treasuries to MTN
MasterCard has integrated Ondo Finance as the leading supplier of real assets tokenized on its multi-token network, allowing companies to access American cash titles.
The US Treasury Fund in the short -term ONDO Finance will be available on the MTNallowing companies to gain daily performance thanks to tokenized assets with continuous subscriptions and redemptions.
Integration removes the need for stable Onramps or payment delays, offering an alternative to traditional cash management.
What is the multi-token network of Mastercard?
The MTN de Mastercard is Designed to rationalize financial transactions By connecting banks and businesses to a unified digital environment. The addition of tokenized American cash securities introduces these assets to the network, connecting private payment systems to public blockchains.
This development Follows years of banks to take advantage of blockchain technology for efficiency while maintaining regulatory compliance.
Finance Ondo (Ondo) Integration allows companies to access the titles of the US Treasury to Tokenized directly on a public blockchain, to settle payments by the traditional banking infrastructure without additional cryptocurrency requirements and to manage liquidity with increased flexibility.
The underlying assets of the fund includes holding holdings in the American Dollar Liquidity Fund for the BlackRock dollar and short-term US treasury bills managed by companies such as Franklin Templeton and Wisdomtree.
The Multi-Token Mastercard network aims to establish a framework for digital financial transactions, including applications in cross-border colonies and liquidity management. By incorporating token assets, the network expands its capacity to support companies looking for alternative financial solutions.
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