The financial world is witnessing a pivotal moment in the convergence of traditional finance and blockchain innovation. Ondo Finance has officially become the first real-world asset (RWA) provider integrated into the Mastercard Multi-Token Network (MTN), marking a transformative step toward seamless, 24/7 digital asset liquidity for global businesses.
This strategic collaboration enables enterprises on MTN to earn yield on idle cash by directly deploying funds into tokenized U.S. Treasury Bills through Ondo’s flagship product, the Short-Term US Government Treasuries Fund (OUSG)—all without relying on stablecoin onramps or waiting for settlement windows.
Bridging Traditional Finance and Blockchain Innovation
OUSG represents one of the first live integrations connecting a private payments network like MTN with assets tokenized on public blockchains. Businesses using MTN will now gain round-the-clock access to OUSG via public blockchain infrastructure, with transactions settling over traditional banking rails—eliminating the need for additional crypto wallets, exchanges, or complex onboarding procedures.
👉 Discover how tokenized treasuries are redefining corporate cash management.
This integration delivers instant, frictionless access to high-quality, yield-generating assets backed by real-world government securities—directly from existing fiat balances.
“We’re excited to collaborate with Mastercard to help shape the future of digital finance,” said Ian De Bode, Chief Strategy Officer at Ondo Finance. “This partnership represents a landmark moment of connecting private payment network rails to tokenized assets on public blockchain networks. This connectivity will enable the banking ecosystem to move to 24/7 functionality on a global basis, powered by Ondo’s assets and services.”
How the Mastercard Multi-Token Network Works
The Mastercard Multi-Token Network (MTN) is a digital infrastructure platform designed to streamline cross-border payments and institutional-grade financial transactions. Built with API-enabled blockchain tools and interoperable standards, MTN allows banks and financial institutions to securely connect with enterprise applications across domestic and international markets.
Key benefits of MTN include:
- Faster settlement times – Reduces delays caused by legacy clearing systems.
- Greater transparency – Provides auditable transaction trails across jurisdictions.
- Time zone friction reduction – Enables 24/7 transaction processing regardless of geography.
- Scalable digital asset support – Supports tokenized currencies, liquidity pools, and real-world assets like OUSG.
By integrating OUSG into MTN, Mastercard expands its utility beyond payments into tokenized liquidity management, allowing businesses to use their working capital more efficiently while maintaining compliance and security.
Unlocking 24/7 Yield for Corporate Cash Balances
OUSG is the first peer-to-peer transferable fund on a public blockchain, offering several advantages over traditional money market funds:
- No minimum investment barriers – Lower entry thresholds make it accessible to more institutions.
- Zero transaction fees – Cost-effective deployment and redemption.
- Daily interest distributions – Predictable returns backed by short-term U.S. government debt.
- Instant 24/7 subscriptions and redemptions – Liquidity available anytime, anywhere.
Most of OUSG’s underlying assets are currently invested in the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) and other top-tier short-term instruments from Franklin Templeton, WisdomTree, Wellington Management, and Fundbridge Capital.
This means MTN participants can now treat their cash balances not just as static reserves, but as active yield-bearing assets—without leaving the regulated financial system.
👉 See how institutions are turning idle cash into yield-generating powerhouses.
Real-World Applications Across Global Finance
The integration opens new doors for practical use cases in institutional finance:
✅ Working Capital Optimization
Businesses can park surplus cash in OUSG and earn daily returns while keeping funds readily available for operations.
✅ Trade Finance Collateral
Tokenized treasuries can serve as secure, transparent collateral for cross-border trade agreements.
✅ Cross-Border Settlement Enhancement
Companies settling international invoices can maintain liquidity in yield-bearing form until final payment clears.
✅ Treasury Diversification
Enterprises gain exposure to high-grade U.S. government-backed assets without direct bond market access.
Raj Dhamodharan, Executive Vice President of Blockchain and Digital Assets at Mastercard, emphasized the broader impact:
“We’re building on decades of proven success in payments to deliver unparalleled financial flexibility and 24/7 access to businesses worldwide. Our work with Ondo Finance is poised to open new doors in the ever-evolving digital assets ecosystem.”
Core Keywords Driving the Future of Tokenized Finance
This breakthrough aligns with growing demand for solutions that merge regulatory compliance with blockchain efficiency. Key SEO-focused keywords naturally embedded throughout this evolution include:
- Real-world assets (RWA)
- Tokenized Treasuries
- Mastercard Multi-Token Network (MTN)
- OUSG fund
- 24/7 yield generation
- Blockchain cash management
- Institutional DeFi
- Digital asset integration
These terms reflect both user search intent and the technological shift underway in modern finance.
Frequently Asked Questions (FAQ)
What is OUSG?
OUSG is Ondo Finance’s Short-Term US Government Treasuries Fund, tokenized on a public blockchain. It offers institutional investors daily yield from U.S. Treasury securities with instant 24/7 redemption and no stablecoin requirement.
How does OUSG integrate with Mastercard MTN?
Through MTN’s API-based infrastructure, businesses can directly access OUSG using traditional fiat accounts. Funds are deployed into tokenized Treasuries via public blockchain rails while settlements occur over conventional banking systems—no crypto setup needed.
Is OUSG available to all investors?
OUSG is currently available to qualified institutional investors. It is not registered under the U.S. Securities Act and cannot be offered or sold to U.S. persons unless an exemption applies.
Can individuals use this service?
Not directly. The integration targets enterprises and financial institutions using MTN for corporate treasury management and cross-border operations.
Does this require holding cryptocurrency?
No. Users interact with OUSG through fiat-denominated balances. The tokenization happens behind the scenes, so businesses don’t need crypto wallets or technical blockchain knowledge.
What are the risks of investing in OUSG?
Like any investment, OUSG carries risk—including potential loss of principal. The value may fluctuate based on interest rates and market conditions. Past performance does not guarantee future results.
👉 Learn how compliant tokenized assets are shaping the next era of finance.
The Road Ahead: A New Era of Institutional Finance
The Ondo-Mastercard partnership sets a precedent for how traditional financial networks can adopt blockchain-native instruments without sacrificing compliance or operational simplicity. As more institutions seek efficient ways to manage liquidity in a digital-first economy, solutions like OUSG on MTN offer a scalable blueprint.
This isn’t just about faster payments—it’s about transforming every dollar held in reserve into a productive asset. With 24/7 access, real-time yields, and seamless integration into existing financial workflows, the future of corporate treasury management is already here.
As global adoption accelerates, expect increased innovation in tokenized bonds, real estate-backed tokens, and commodity-linked digital assets—all built on interoperable networks like MTN.
For now, Ondo Finance stands at the forefront as the first RWA provider on Mastercard’s network—a milestone that signals deeper convergence between Wall Street and Web3.