Ondo Finance has secured a pioneering position as the first provider to integrate real-world assets (RWAs) into Mastercard’s Multi-Token Network (MTN). This collaboration introduces Ondo’s short-term U.S. government treasury fund (OUSG) — the first tokenized RWA on the MTN — enabling businesses to earn daily yield through seamless, 24/7 asset management without reliance on stablecoins or traditional settlement delays.
Key Features of the Integration
- 24/7 Accessibility: Instant subscriptions and redemptions for OUSG via the MTN.
- No Crypto Infrastructure Required: Businesses bypass the need for additional crypto accounts.
- Enhanced Liquidity: Tokenized treasuries bridge private payment networks and public blockchains.
👉 Explore how tokenization is transforming finance
Bridging Traditional and Blockchain Finance
Ian De Bode, Ondo’s Chief Strategy Officer, emphasized the partnership’s significance:
"This connectivity enables global 24/7 banking functionality, powered by Ondo’s tokenized assets."
The MTN addresses complexities in cross-border transactions by offering:
- Faster settlements
- Reduced time-zone friction
- Greater transparency
Tokenized RWAs: Opportunities and Challenges
While RWAs promise increased liquidity and accessibility, hurdles remain:
- Interoperability: Lack of unified infrastructure between private and public payment systems.
Regulatory Frameworks: Jorn Lambert, Mastercard’s Chief Digital Officer, notes:
"Programmability and immutability of blockchain transactions must align with financial regulations to achieve mainstream adoption."
👉 Discover the future of tokenized assets
Ondo’s Expanding Ecosystem
This follows Ondo’s recent move to bring tokenized U.S. Treasuries to the XRP Ledger, further democratizing institutional access to OUSG.
FAQ Section
Q: What is OUSG?
A: OUSG is Ondo’s tokenized short-term U.S. treasury fund, offering daily yield via blockchain.
Q: How does the MTN improve transaction efficiency?
A: By enabling real-time settlements and eliminating traditional banking delays.
Q: Why is tokenization critical for RWAs?
A: It enhances liquidity, transparency, and global accessibility while reducing operational friction.
Q: Are stablecoins needed to access OUSG on the MTN?
A: No. Businesses can use traditional cash balances directly.