The Tokenized Real-World Assert (RWA) which provided Ondo Finance joined the MasterCard Network that links financial institutions to businesses to improve cross-border payments.
The short-term investment product of the Government Government (OUSG) Government (OUSG) is available to MasterCard’s multi-back network (MTN) businesses, which provides them with access through tokenized assets, according to an email announcement when Wednesday.
Most OUSG’s possessions are invested USD Institutional Digital Liquidity Fund of Blackrock (BUIDL), the largest monetary market -based market funds based on the blockchain, supported by short -term US government bonds.
MTN Mastercard incorporates blockchain API tools to allow banks to streamline domestic and cross-border transactions.
Financial traditional giant (tradfi) such as mastercard forming blockchain-based networks means that other financial institutions and corporations can access cryptocurrency and other digital assets unnecessarily Set up additional infrastructure or account.
