Cookie banner
We Value Your Privacy
We use cookies and similar technologies to enhance your browsing experience, analyze site traffic, and personalize content. By clicking “Accept All,” you consent to the use of all cookies. You can manage your preferences or learn more by clicking “Settings.”
For detailed information, please review ourPrivacy Policy.
Logo

Mastercard Unveils Ondo Finance As Its First RWA Partner

The Block Whisperer

February 28, 2025 at 10:50 AMby The Block Whisperer

Views

+7

Shares

+0

Mastercard onboards Ondo Finance as first partner for Multi-Token Network, bringing tokenized Treasury fund OUSG to traditional payment rails and bridging TradFi with blockchain.

Mastercard Unveils Ondo Finance As Its First RWA Partner
Web3 insights in your social media feed

Mastercard is finally taking the RWA tokenization game seriously, with the payment giant onboarding Ondo Finance as the first partner for its Multi-Token Network.

This is different than your typical corporate partnership – it's traditional finance subtly admitting that blockchain isn't going anywhere.

Welcome to the future. 

Tokenized Treasuries Hit Primetime

Ondo Finance will bring its Short-Term U.S. Government Treasuries Fund, OUSG,  to Mastercard's network.

For those unfamiliar, this is a token that represents shares in a Treasury fund, meaning you can get a slice of that sweet, sweet risk-free return right on-chain… so long as you do KYC. 

This marks one of the first real connections between a massive private payment network and tokenized assets living on public blockchains.

It’s unprecedented – when Mastercard decides tokenized treasuries are worth their time, you know that the lines between traditional finance and blockchain innovation are thinner than they’ve ever been before.

This Matters A Lot For TradFi

The integration lets businesses access OUSG on a public blockchain 24/7, with settlement happening on traditional banking rails that won’t force companies to build out their own crypto infrastructure to take advantage of blockchain efficiency. 

That means instant access to tokenized treasuries using regular cash balances – no new wallets, no seed phrases, and no explaining to the board what a "gas fee" is.

This is basically the RWA gateway drug for institutions still afraid of the full crypto experience.

The twist is that Ondo's OUSG product is primarily backed by BlackRock's USD Institutional Digital Liquidity Fund, so, in a roundabout way, this is a TradFi financial instrument brought onto blockchain and then fed back into TradFi – talk about inception. 

But… It’s not exactly TradFi since it uses BlackRock’s BUIDL fund – yes, the biggest asset manager in the world named their token with an inside crypto joke – which is itself on-chain.

The rest of OUSG is diversified across short-term U.S. Treasuries and GSE funds, making it as vanilla as possible while still being on a blockchain.

Daily interest distributions, instant investment and redemption around the clock, lower fees – it's all the stuff TradFi has been promising for decades but never delivering until crypto forced their hand.

Big Figures In The Market

Tokenized Treasuries have exploded from under $800 million to a massive $3.9 billion in less than a year.

Ondo alone owns over 34% of all BUIDL tokens, positioning it as the clear market leader.

And we're just getting started – projections have the entire RWA market hitting anywhere from $15.8 billion to $50 billion by next year.

The wildest forecasts are calling for $30 trillion by 2030, which would make the entire crypto market cap today look like pocket change.

This partnership is a pure infrastructure play, and it makes a lot of sense.

Enhanced liquidity for tokenized assets means institutional money can finally flow in without the friction that's kept them on the sidelines.

Traditional finance is slowly being rebuilt block by block, and the transaction costs and settlement times that have plagued the industry for decades are finally getting the upgrade they deserve.

The Beginning Of The Rise

Despite recent market volatility giving RWA token prices a bit of a rollercoaster ride, the big money keeps flowing in.

The RWA sector is no longer just crypto builders talking to themselves – it's Mastercard, BlackRock, and traditional finance giants acknowledging that tokenization isn't just a buzzword.

We wonder if bankers who dismissed crypto as a fad in 2017 are now updating their LinkedIn profiles with "blockchain enthusiast.”

#ondo
#partnership
#mastercard

Explore more articles like this

Subscribe to Asvoria News to receive all the latest news.

Stay ahead with exclusive press releases and expert insights on Web3 and the Spatial Web. Be the first to hear about Asvoria’s latest innovations, events, and updates. Join us — subscribe today!

© 2025 Asvoria. All rights reserved.

Avoria does not endorse or promote investment in any of the tokens or NFT projects featured on this platform.
We accept no responsibility for any losses incurred. Users should conduct their own research and consult with a financial advisor before investing.
For more information about Doing Your Own Research (DYOR), please visit this link.