#Ripple, Mastercard, Ondo, and JPMorgan completed a landmark pilot transaction linking the #XRPL with traditional interbank settlement infrastructure. The XRP Ledger served as the blockchain layer that facilitated the redemption of tokenized assets during cross-border transactions. Traditional banking rails were still used to complete the fiat settlement portion of the transaction. Popular XRPL dUNL validator Vet argued that Mastercard and JPMorgan’s participation demonstrates that major financial institutions recognize the utility of XRPL. Beloud