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JPMorgan & Ripple's 5-Second Treasury Pilot: What It Really Proves
Audio is available on Spreaker — see link below.
JPMorgan, Mastercard, Ripple, and Ondo Finance just settled a live tokenized Treasury redemption on XRP Ledger in under five seconds — not a simulation. Plus XRPL v3.1.3, RLUSD's $1.6B surge, and the three questions that decide if this week was a turning point.
Audio is available on Spreaker — see link below.
JPMorgan, Mastercard, Ripple, and Ondo Finance just completed a live cross-border tokenized Treasury redemption in under five seconds. Not a simulation.
Here's what the pilot actually did. The four institutions used XRP Ledger for on-chain asset settlement, meaning the tokenized US Treasury bonds moved and were redeemed on-chain.
The broader context makes this harder to dismiss. Total tokenized US Treasury supply has reached fifteen billion dollars.
On the technical side, the XRP Ledger Foundation released version three point one point three. The significant change is a default-enabled amendment mechanism.
RLUSD, Ripple's stablecoin, is showing activity numbers worth tracking. Fifty-nine million tokens were burned in the past twenty-four hours, with sixty-nine million newly minted.
XRP Ledger also reached a new all-time high in total address count in early May. That's a participation metric, and it's moving in the right direction at the right time for institutional credibility.
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