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Deep Tide TechFlow News, May 7th, according to The Block, Ripple, JPMorgan Chase, Mastercard, and Ondo Finance recently completed a cross-border tokenized U.S. Treasury bond transfer pilot transaction. The specific process is: Ondo Finance first completes the redemption of its tokenized Treasury bond product OUSG on the XRP Ledger, then routes the instruction through Mastercard's multi-token network to JPMorgan Chase's blockchain payment platform Kinexys, and finally JPMorgan Chase transfers the USD into Ripple's Singapore bank account.