Stephanie Starr
@StephanieStarrC
This is a significant milestone.
The Ondo + Kinexys (JPMorgan) + Mastercard + Ripple pilot wasn’t just a crypto test — it was a real-world demonstration of traditional banking infrastructure connecting directly to public blockchain rails.
So what took place?
• Tokenized U.S. Treasuries settled on the XRP Ledger
• Mastercard routed instructions through its Multi-Token Network
• JPMorgan’s Kinexys handled institutional settlement flows
• Funds were delivered cross-border in near real time to Ripple’s Singapore banking account
This matters because it proves:
✅ Public blockchains and major banks CAN operate together
✅ Tokenized assets can move across borders in real time
✅ Settlement can happen 24/7
✅ Blockchain is evolving from speculation → financial infrastructure
Countries modernizing banking and payment systems — especially:
UAE
Saudi Arabia
Iraq
Hong Kong
Japan
UK
All likely watching these developments closely because they rely heavily on:
💥 cross-border settlement
💥 trade finance
💥 dollar liquidity
💥 tokenization infrastructure
💥 oil settlement (UAE withdrew from OPEC May 1st, IRAQ has multiple international oil/gas contracts)
💥 remittance corridors
💥 emerging markets
💥 sovereign wealth systems
Advertisement
______________________________________________________
Iraq gets attention because JPMorgan has historical involvement with the Trade Bank of Iraq and Iraq’s financial system still depends heavily on USD settlement rails. UAE and Saudi Arabia are already pushing aggressively into fintech, tokenization, and digital asset infrastructure. Think about all the countries that are connected to these companies!
Source(s):
• https://x.com/StephanieStarrC/status/2052079822835212503
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © Dinar Chronicles
