Ondo Finance Brings Tokenized Treasuries to Mastercard’s Blockchain Network

Ondo Finance is set to become the first company to introduce real-world assets to Mastercard’s Multi-Token Network (MTN).

The firm announced that its tokenized U.S. government treasury fund, OUSG, will be integrated into the network, allowing businesses to access yield-bearing assets without relying on stablecoin conversions or traditional settlement delays.

Ian De Bode, Ondo Finance’s chief strategy officer, described this collaboration as a breakthrough in linking private payment networks with public blockchain assets. He emphasized that this connection could enable global banking operations to function seamlessly around the clock.

Mastercard’s MTN is designed to help banks streamline digital applications and navigate the complexities of cross-border and domestic transactions, offering enhanced transparency and faster settlements. By integrating OUSG, the network will provide businesses with 24/7 access to tokenized treasuries, eliminating the need for additional crypto infrastructure.

READ MORE:

Crypto Sentiment at a Low: Is Bitcoin’s Price Poised for a Bounce?

This move builds on Ondo’s recent expansion, which included bringing tokenized U.S. Treasuries to the XRP Ledger, broadening institutional access to these assets. While tokenized RWAs have been praised for their potential to enhance liquidity and efficiency, the lack of a universally interoperable framework between traditional and blockchain-based financial systems remains a challenge.

Mastercard’s Chief Digital Officer Jorn Lambert has previously stressed that for blockchain-based financial applications to achieve widespread adoption, regulated institutions must play a central role in bridging the gap between digital and traditional finance.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.