Ondo Finance, Kinexys by JPMorgan, Mastercard, and Ripple have successfully completed a pilot integrating the XRP Ledger with interbank settlement systems for tokenized U.S. Treasuries. The test enables near real-time cross-border settlement outside traditional banking hours, advancing toward 24/7 global markets.
The $15.18 billion tokenized Treasury market, featuring BlackRock and JPMorgan’s Kinexys, is driving institutional adoption. This pilot positions blockchain infrastructure to replace the current T+1 settlement standard, aligning with pending SEC regulatory updates. Market sentiment reflects increased confidence that XRP could reach $1.60 in May.