Mastercard is expanding its Multi-Token Network (MTN) by onboarding Ondo Finance as its first real-world asset (RWA) provider. This integration brings Ondo’s Short-Term US Government Treasuries Fund (OUSG) onto MTN, providing businesses with seamless access to tokenized treasuries for yield generation and cash management.
Ondo Finance Joins Mastercard’s MTN
MTN is Mastercard’s blockchain-powered platform that connects financial institutions and businesses in a streamlined digital environment. By integrating Ondo’s OUSG, businesses that onboard with Ondo can:
- Earn daily yield from tokenized US Treasuries.
- Settle payments via traditional banking rails without additional crypto infrastructure.
- Access instant redemptions and subscriptions 24/7, eliminating settlement delays.
This marks one of the first direct integrations between a private payments network and public blockchain networks, bridging traditional finance and decentralized finance (DeFi).
1/ @Mastercard is bringing Ondo Finance into the Multi Token Network (MTN) as the first RWA provider on the network.
— Ondo Finance (@OndoFinance) February 26, 2025
The MTN enables banks to offer digital financial services to integrated businesses, and Ondo’s Short Term US Treasuries Fund (OUSG) will be the first tokenized… pic.twitter.com/LP7iuRo7A3
Why OUSG is a Game Changer
OUSG is not just a tokenized representation of US Treasuries—it offers:
- Lower fees and investment minimums than traditional options.
- Institutional-grade security, backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and major asset managers like Franklin Templeton and WisdomTree.
- Real-time liquidity management, making it a powerful tool for businesses, DAOs, and financial institutions.
Mastercard’s Vision for a 24/7 Digital Finance Ecosystem
With this integration, MTN is evolving into a full-fledged digital capital market, enabling businesses to:
- Optimize liquidity management with RWAs.
- Leverage blockchain for seamless cross-border transactions.
- Tap into DeFi primitives while staying compliant with banking regulations.
Mastercard’s move signals a major shift in institutional adoption of blockchain technology, paving the way for a new era of digital finance and tokenized assets.
