JPMorgan, Chainlink, and Ondo Finance have completed cross-chain payment Delivery Settlement testing.

BlockBeats reports that on June 12, according to Cointelegraph, Chainlink, JPMorgan's Kinexys, and Ondo Finance have completed a "first-of-its-kind" cross-chain payment delivery (DvP) settlement test, achieving an asset swap between a permissioned Payment Network and a public Testnet. Chainlink stated that this test involved the permissioned network Kinexys Digital Payments operated by JPMorgan and the Ondo Chain Testnet, which focuses on tokenization of real-world assets (RWA). This settlement was coordinated by Chainlink's Runtime Environment (CRE). CRE is an off-chain computing layer designed to support cross-chain interoperability in financial systems. In this transaction, the core asset is Ondo's tokenized U.S. Treasury fund OUSG, which is exchanged for payment through the Kinexys platform.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)