Ondo Finance collaborates with Mastercard to bring RWA into MTN

ChainCatcher news, according to an announcement from Ondo Finance, 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 fund (OUSG) will be the first tokenized RWA solution on MTN, enabling businesses to earn daily yields and access flexible cash management services on-chain.

This integration allows MTN enterprise users to directly access OUSG on the public blockchain and settle through traditional banking channels without the need for additional crypto infrastructure. OUSG is supported by institutions such as BlackRock's BUIDL fund and Franklin Templeton, WisdomTree, among others, providing stability and liquidity.