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Ondo Finance Joins the Mastercard Multi-Token Network (MTN) as the First Real-World Asset (RWA) Provider

Fintech Finance

As the first tokenized RWA integrated into the MTN, Ondo’s Short-Term US Government Treasuries Fund (OUSG) will allow participating businesses to earn daily yield via tokenized assets with 24/7 subscriptions and redemptions, without the need for stablecoins onramps or settlement windows.

Visa 91
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RTGS.global Completes First Instant Cross-Border Settlement Between Georgia and Tajikistan

The Fintech Times

RTGS.global, a settlement company focused on enhancing cross-border payments, is celebrating a significant milestone with the successful completion of an inaugural instant settlement cross-border transaction via its global network.

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MoneyGram Sees Transaction Growth Outside US, Led By Digital Efforts

PYMNTS

In reference to the Ripple partnership announced in June, Holmes said the two companies had begun facilitating cross-border transactions through a commercial agreement, in which MoneyGram is utilizing Ripple’s xRapid blockchain product, as well as XRP, Ripple’s cryptocurrency.

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Ripple Completes $50M MoneyGram Investment, Gets ~10 Pct. Stake

PYMNTS

Ripple made the initial payment of $30 million earlier in the year, and it also signed a commercial agreement with the payments company for “cross-border settlement using digital assets.” In June, we announced this partnership, and it’s encouraging to see the rapid growth and benefits come to life.”.

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MoneyGram Sees Transaction Growth Outside US, Led by Digital Efforts

PYMNTS

In reference to the Ripple partnership that had been announced in June, Holmes said that the two companies had begun facilitating cross border transactions through a commercial agreement through which MoneyGram is utilizing Ripple’s xRapid blockchain product, as well as XRP, Ripple’s cryptocurrency.

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Agriculture In Ant Financial’s Blockchain Sights

PYMNTS

In mid-2018, Ant Financial announced that it launched a blockchain-based cross-border settlement service for consumers. Earlier this year, Ant Financial was an investor in a $10 million Series A round for QEDIT, which develops privacy solutions geared toward blockchain.