{"id":830119,"date":"2025-02-27T08:11:56","date_gmt":"2025-02-27T14:11:56","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/27\/ondo-finance-brings-tokenized-rwa-to-mastercard-network\/"},"modified":"2025-02-27T08:11:56","modified_gmt":"2025-02-27T14:11:56","slug":"ondo-finance-brings-tokenized-rwa-to-mastercard-network","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/27\/ondo-finance-brings-tokenized-rwa-to-mastercard-network\/","title":{"rendered":"Ondo Finance brings tokenized RWA to Mastercard network"},"content":{"rendered":"<div data-site=\"CoinJournal\">\n<div data-site=\"CoinJournal\">\n<picture><source  type=\"image\/webp\" media=\"(min-width: 750px)\"><source  type=\"image\/webp\"><source  type=\"image\/jpeg\" media=\"(min-width: 750px)\"><source  type=\"image\/jpeg\"><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2023\/03\/06-Mastercard-4.png\" alt=\"Mastercard launches crypto credentials P2P pilot program to simplify transactions\" width=\"100%\" height=\"100%\">\n<\/picture>                            <\/div>\n<ul>\n<li>Mastercard has onboarded Ondo as its first tokenize real-world assets provider for its Multi-Token Network (MTN).<\/li>\n<li>Businesses within the network that onboard Ondo\u2019s OUSG will earn yield on their idle cash.<\/li>\n<\/ul>\n<p>Ondo Finance, a tokenized real-world assets platform, has joined Mastercard\u2019s multi-token network, bringing tokenized US Treasuries to businesses.<\/p>\n<p>In an <a href=\"https:\/\/blog.ondo.finance\/ondo-finance-brings-tokenized-real-world-assets-to-mastercards-multi-token-network\/\" target=\"_blank\" rel=\"noopener\">announcement<\/a> on Wednesday, Ondo said Mastercard will onboard the RWA platform to its MTN, with Ondo Finance becoming the network\u2019s first tokenized real-world assets provider.<\/p>\n<p>\u201cThis partnership represents a landmark moment of connecting private payment network rails to tokenized assets on public blockchain networks. This connectivity will enable the banking ecosystem to move to 24\/7 functionality on a global basis, powered by Ondo\u2019s assets and services,\u201d Ian De Bode, chief strategy officer of Ondo Finance, said in a <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250226036679\/en\/Ondo-Finance-Joins-the-Mastercard-Multi-Token-Network-MTN-as-the-First-Real-World-Asset-RWA-Provider#:~:text=As%20the%20first%20tokenized%20RWA,stablecoins%20onramps%20or%20settlement%20windows.\" target=\"_blank\" rel=\"noopener\">press release<\/a>.<\/p>\n<h2>Ondo, Mastercard expand RWA adoption<\/h2>\n<p>According to Ondo Finance, integration with Mastercard brings Ondo\u2019s Short-Term US Government Treasuries Fund (OUSG) to users within the MTN. This development means businesses can now tap into the benefits that come with tokenized treasuries.<\/p>\n<p>OUSG integration will allow MTN businesses to earn daily yield through tokenized assets, with subscriptions and redemptions available 24\/7. For companies that onboard <a href=\"https:\/\/coinjournal.net\/news\/ondo-finance-announces-new-l1-network-for-rwas\/\">Ondo<\/a>, it will mean removing the reliance on stablecoin onramps.<\/p>\n<p>\u201cWe\u2019re building on decades of proven success in payments to deliver unparalleled financial flexibility and 24\/7 access to businesses worldwide. Our work with Ondo Finance is poised to open new doors in the ever-evolving digital assets ecosystem,\u201d Raj Dhamodharan, executive vice president, blockchain and digital assets at Mastercard, said.<\/p>\n<p>OUSG, a\u00a0 composable on-chain treasury asset, offers features such as lower fees, round-the-clock redemptions, and daily interest distributions.<\/p>\n<p>The tokenized US Treasuries asset, currently available on Solana, Ethereum and Polygon, is the platform\u2019s second largest by market share.<\/p>\n<p>Per <a href=\"https:\/\/app.rwa.xyz\/treasuries\" target=\"_blank\" rel=\"noopener\">RWA.xyz<\/a>, OUSG has a market cap of $429 million, behind\u00a0 Ondo US Dollar Yield (USDY) with $439 million. Hashnote\u2019s USYC, BlackRock\u2019s BUIDL and Franklin Templeton\u2019s BENJI are currently the top three in that order.<\/p>\n<p>OUSG\u2019s assets have reserve backing secured by BUIDL and several other short-term US Treasuries.<\/p>\n<div>\n<hr>\n<h6>Share this article<\/h6>\n<hr>\n<h6>Categories<\/h6>\n<hr>\n<h6>Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/ondo-finance-brings-tokenized-rwa-to-mastercard-network\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Benson Toti<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mastercard has onboarded Ondo as its first tokenize real-world assets provider for its Multi-Token Network (MTN). Businesses within the network that onboard Ondo\u2019s OUSG will earn yield on their idle cash. Ondo Finance, a tokenized real-world assets platform, has joined Mastercard\u2019s multi-token network, bringing tokenized US Treasuries to businesses. In an announcement on Wednesday, Ondo<\/p>\n","protected":false},"author":1,"featured_media":830120,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1177,26943],"tags":[],"class_list":{"0":"post-830119","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-brings","8":"category-finance"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/830119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=830119"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/830119\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/830120"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=830119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=830119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=830119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}