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Ondo Becomes First RWA Provider On Mastercard Multi-Token Network

  • Ondo Finance becomes the first provider to bring real-world assets to Mastercard's Multi-Token Network (MTN).
  • The partnership will enable 24/7 functionality on a global basis, connecting private payment network rails to tokenized assets on public blockchain networks.
  • MTN allows banks to connect digitally, improving transparency, faster settlement, and reducing time zone friction in domestic and cross-border commercial transactions.
  • Ondo's tokenized short-term U.S. government treasury fund (OUSG) will allow businesses to earn daily yield and gain 24/7 access before payments are settled on traditional banking rails.

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