JPMorgan absorbs Ripple’s fast chain: TradFi’s stealth enclosure of public ledger speed
A golden bridge symbolizes the strategic integration between traditional banking and the rapidly evolving digital asset infrastructure. The Institutional Enclosure: Why J.P. Morgan’s Absorption of XRPL Speed Redefines Tokenization J.P. Morgan just used Ripple to prove that public blockchains are no longer an alternative to banking, but a high-speed subservient layer for it. The recent pilot involving Ondo Finance, Ripple, Mastercard, and J.P. Morgan’s Kinexys successfully linked a tokenized U.S. Treasury (OUSG) redemption on the XRP Ledger to a fiat payout in Singapore. This transaction, executed outside traditional banking hours, saw the asset leg settle in roughly 5 seconds , while the USD payout moved through the $2.68 trillion crypto market's infrastructure into J.P. Morgan’s correspondent banking network at a time when the XRP token itself trades ...