Ondo Finance partners with MasterCard to bring RWA to MTN
Online reports that according to Ondo Finance's announcement, Mastercard has incorporated Ondo Finance into its multi-token network (MTN), becoming the first real-world asset (RWA) provider on the network. Ondo's Short-Term U.S. Treasury Bond Fund (OUSG) will become the first tokenized RWA solution on MTN, allowing companies to receive daily earnings and flexible cash management services on the chain. This integration allows MTN enterprise users to access OUSG directly on the public blockchain and settle through traditional banking channels without the need for additional cryptographic infrastructure. OUSG is supported by BlackRock's BUIDL Fund and institutions such as Franklin Templeton and WisdomTree to provide stability and liquidity.
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