REDHORSE retweeted
🚨 JUST IN: The biggest market on Earth is closed 79% of the week.
The US Treasury market is $29,000,000,000,000. deep.
It settles T+1, inside a window of roughly 35 hours out of the 168 in a week. Nights off. Weekends off.
Then look at what already happened:
→ J.P. Morgan, Mastercard and Ondo Finance redeemed a tokenized Treasury across borders
→ It settled on the $XRP Ledger in about 5 seconds
→ It happened outside banking hours, when the Treasury market itself was shut
Nothing about a Treasury requires a weekday.
The paperwork does.
One rail sleeps. The other has never closed since 2012.
$29,000,000,000,000.
That's the US Treasury market — the biggest, deepest market on Earth.
It still takes a full day to settle.
Weekends off.
While, JPMorgan, Mastercard and Ondo moved one on the $XRP Ledger in under 5 seconds.
One of these is the future.
Trensik.com
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Citi is among a growing group of banks working with us to shape our blockchain-based ledger – extending Swift’s infrastructure to support tokenised value at scale.
Through industry-wide collaboration, we’re enabling a future where value moves seamlessly in a multi-model, multi-choice world.
👉 Learn more: swift.com/news-events/news/s…
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