Mastercard integrates Ondo Finance into its Multi-Token Network, giving businesses access to tokenized Treasury securities.
Expanding Mastercard's Blockchain Network
The Mastercard Multi-Token Network serves as a platform for secure and scalable blockchain-based transactions. With the addition of Ondo Finance, businesses using MTN gain direct access to tokenized US Treasury securities.
How Ondo's OUSG Works
OUSG is a tokenized asset that tracks short-term US Treasury yields. Businesses on MTN can gain yield exposure without converting to stablecoins, allowing for continuous yield generation and real-time financial settlements.
Tokenization of Real-World Assets in Finance
The tokenization of real-world assets continues to gain adoption in blockchain-based financial systems. With the integration of OUSG, Mastercard’s platform facilitates new onchain financial applications.
The partnership between Mastercard and Ondo Finance represents a significant step in blockchain finance, offering businesses enhanced treasury management tools and transactions backed by real-world financial instruments.
