JPMorgan, Ripple & Mastercard Complete Tokenized Treasury Settlement on XRP Ledger — XRP Clears $1.45!

JPMorgan, Ripple, Mastercard, and Ondo Finance have completed a live cross-border redemption of tokenized US Treasuries on the XRP Ledger, marking one of the most significant institutional deployments on a public blockchain to date. The tokenized assets moved on public blockchain rails, with the dollar payout settling through traditional channels — a hybrid model that bridges on-chain programmability with existing financial infrastructure.

The milestone is landing at a telling moment for XRP's price action: South Korean markets, historically a high-volume driver for the token, have pushed XRP above the $1.45 resistance level that had capped upside in recent sessions. Institutional adoption of the XRP Ledger as settlement infrastructure gives that breakout a fundamental backdrop beyond retail momentum.

For the broader tokenized-asset space, the JPMorgan involvement is the headline. The…