Ondo Finance takes RWA to the MasterCard network
Ondo Finance takes RWA to the MasterCard network

- Mastercard as the first tokenize Real-World assets provider for his multi-token network (MTN) on board.
- Company within the network that OusG received on board the Ousg from Ondo in its idle cash.
ondo finance, a tokenized platform with a real world, has joined MasterCard multi-toked network and brought the US state bonds to companies.
in an Announcement said Ondo that Mastercard will be the RWA platform for his MTN on board, whereby Ondo Finance becomes the first tokenized investment provider of the network.
"This partnership is a pioneering moment for the connection of the private payment network with tokenized assets in public blockchain networks. This connectivity will enable the banks -ecosystem to switch to 24/7 functions on a global basis that are operated by Ondos," said Ian de Bode, Chief Strategy Officer from Ondo Finance Rel = "Nofollow" Target = "_ Blank" href = "https://www.businesswire.com/news/202502603679/en/ondo-finance-joins-masterCard-multi-ticken-network-MTN-AS-FHE-FHE IRST-REAL-WORLD-ASSET-RWA provider#: ~: Text = AS%20th%20troSt%20tekenized%20rwa, StableCoins%20onramps%20or%20Settement%20Windows. " target = "_ blank" rel = "noopener"> press release .
ondo, Mastercard extends the RWA adoption
According to Ondo Finance, integration with Mastercard brings the short-term US state of the US government (OUSG) to users within the MTN. This development means that companies can now use the advantages that are associated with tokenized government bonds.
The integration of OUSG enables MTN companies to achieve daily returns through tokenized assets, with subscriptions and returns available around the clock. For companies that are on board Ondo, this means eliminating the dependency on stablecoin onramps.
"We are building proven payments for decades of proven payments to provide unprecedented financial flexibility and around the clock of access to companies worldwide. Our work with Ondo Finance is ready to open new doors in the constantly developing digital assets ecosystem," said Raj Dhamodharan, Executive Vice President, Blockchain and Digital Assets at MasterCard.
ousg, a composable on-chain-trasure assets value, offers functions such as lower fees, return solutions around the clock and daily interest distributions.
The tokenized US state bonds -assets that are currently available in Solana, Ethereum and Polygon are the second largest platform.
Pro rwa.xyz Ousg (USDY) with 439 million US dollars. Hashnotes Usyc, Blackrocks Buidl and Franklin Templetons Benji are currently the top three in this order.
The assets of OUSG has a reserve support that is secured by Buidl and several other short-term US state bonds.
Source: Coinlist.me