Mastercard has onboarded Ondo Finance as the first provider of tokenized real-world assets on its multi-token network (MTN), enabling businesses to access tokenized U.S. Treasury securities in a streamlined digital environment.
Tokenized Treasuries on MTN
Ondo Finance’s short-term U.S. government treasuries fund will now be available on the MTN, offering businesses a way to earn daily yield through tokenized assets. This integration eliminates the need for stablecoin onramps or settlement delays, providing an alternative to traditional cash management solutions.
Mastercard’s Multi-Token Network: A Digital Finance Revolution
Mastercard’s MTN is designed to connect banks and businesses in a unified digital ecosystem, facilitating seamless financial transactions. By incorporating tokenized U.S. Treasury securities, Mastercard is bridging private payment systems with public blockchains while maintaining regulatory compliance.
This integration represents a major step forward in the financial sector’s adoption of blockchain technology, allowing institutions to access real-world assets with greater efficiency and security.
Key Benefits of Ondo Finance Integration
- Direct access to tokenized U.S. Treasury securities on a public blockchain.
- Seamless settlement through traditional banking infrastructure without cryptocurrency requirements.
- Improved liquidity management with continuous subscriptions and redemptions.
- Regulatory compliance through partnerships with BlackRock, Franklin Templeton, and WisdomTree.
Expanding the Scope of Digital Finance
The underlying assets of Ondo’s fund include holdings in BlackRock’s U.S. dollar institutional digital liquidity fund and short-term U.S. Treasuries managed by financial giants like Franklin Templeton and WisdomTree.
Mastercard’s MTN framework aims to enhance cross-border settlements and liquidity management, expanding the capabilities of digital financial infrastructure. With the integration of tokenized assets, businesses now have access to new financial tools that improve efficiency and flexibility in managing liquidity.
This partnership underscores the increasing role of blockchain technology in modernizing financial transactions, paving the way for future innovations in digital payments and asset management.
