๐ฅBREAKING: Wall Street successfully tests 5-second Treasury settlements on the XRP Ledger.
A new cross-border tokenized redemption pilot was just completed by a powerhouse lineup:
๐น JPMorgan
๐น Mastercard
๐น @OndoFinance
๐น @Ripple
By cutting settlement times down from 3โ5 business days to a mere 5 seconds, this test highlights the massive efficiency gains tokenization brings to traditional banking rails.
โก๏ธWALL STREET SUCCESSFULLY TESTS 5-SECOND XRP SETTLEMENT
JPMorgan, Mastercard, Ondo Finance and Ripple completed a cross-border tokenized Treasury redemption on the XRP Ledger.
Settlement took roughly 5 seconds, versus 3 to 5 business days on traditional banking rails.
Flare founder @HugoPhilion just said it out loud ๐
XRP and Ripple were accused of being the banker coinโฆ now everyone in the entire industry is desperate to be the banker coin.
They mocked the vision. Now they're copying it ๐ฅ
$XRP $FLR @FlareNetworks
Senator Elizabeth Warren aka Pocahontas doesn't represent the crypto industry.. ๐บ๐ธ
She represent banks & special interests that she enriched from it..
Proud to see @Ripple return to CNBCโs Disruptor 50, ranked #16 (!!). This past year was a defining one for our industry and a real turning point for Ripple. New money is here to stay. ๐ธ