In 2023, Mastercard unveiled its Multi-Token network (MTN) for token deposits and tokenive assets. It acts as a blockchain regulation network, integrating public and private blockchains to create a payment infrastructure supported by the bank. Now, the real tokenization company Asset World (RWA), Ondo Finance, allows its monetary oug (MMF) market as a investment for members of the MTN network.
Ousg mainly uses the BlackRock Monetary Market Fund as a guarantee for Ousg, a fund available for accredited investors. He recently expanded his warranty by adding the FOBXX of Franklin Templeton, as well as tokenized funds from Wellington Management and Wisdomtree.
A key advantage of tokenization is the ability to transfer assets worldwide 24/7. But money market funds do not work 24/7. They generally have a narrow daily window window for redemption.
Ousg is different, it supports investment and purchase 24/7 (within the limits).
However, the seller can only receive the stablecoin from the USDC for instant buyouts. This is where the MTN of Mastercard comes into play. The owner of the Ousg can now exchange his MMF and be paid via a bank using MTN. Last year, JP Morgan said that she joined her digital payments Kinexys (formerly JPM Coin), but MTN also allows regulations with traditional banking rails.
Ondo embraces ethics 24/7. Not only does he support the instantaneous redemption of the OUG, but he recently launched his NEXUS ONDO offer. This allows all those who have Buidl, FOBXX or the other MMF tokens to buy them 24/7 by selling them to Ondo, who can use them as a guarantee for Ousg.
