#MastercardStablecoinCards
Mastercard, JPMorgan, and Ondo Finance collaborate in the field of decentralized finance, specifically in the tokenization of assets and the facilitation of cross-border payments on the blockchain. Together, they have developed platforms for conducting tokenized transactions and real-time international payments, leveraging Mastercard's Multi-Token Network (MTN) and JPMorgan's Kinexys digital asset service.
Asset Tokenization:
Mastercard and JPMorgan are working on the tokenization of real assets, such as those of Ondo Finance, to make them tradable on the blockchain.
Cross-Border Payments:
The collaboration also focuses on the implementation of international payments using blockchain technology, allowing payments to be more efficient and faster.
Ondo Finance:
Ondo Finance is using the technology from Mastercard and JPMorgan to bring tokenized assets to traditional financial markets and facilitate participation in decentralized protocols and stablecoins, such as USDT.
Interoperability:
The collaboration also involves Chainlink, which provides interoperability to connect different blockchains and existing systems.
