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Ondo Finance ($ONDO) Joins Mastercard's Multi-Token Network, Offering Short-Term US Treasuries for 24/7 Yield

Ondo Finance has been integrated into Mastercard's Multi-Token Network (MTN) as its first tokenized real-world asset provider
By: DeepNewz
Ondo Finance ($ONDO) Joins Mastercard's Multi-Token Network, Offering Short-Term US Treasuries for 24/7 Yield

Ondo Finance has been integrated into Mastercard's Multi-Token Network (MTN) as its first tokenized real-world asset provider. This partnership allows businesses to access Ondo's Short-Term US Treasuries (OUSG) on-chain, facilitating 24/7 yield generation without requiring stablecoin onramps. The MTN aims to enhance cross-border payments by connecting financial institutions with businesses, thereby improving digital financial services. The integration marks a significant step in incorporating tokenized US Treasuries into global liquidity networks, with Ondo Finance playing a key role in advancing on-chain finance.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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