Ripple taps Singapore's central bank sandbox to test stablecoin-powered trade finance with RLUSD

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Ripple taps Singapore's central bank sandbox to test stablecoin-powered trade finance with RLUSD The pilot with supply chain firm Unloq under MAS's BLOOM initiative would trigger cross-border payments automatically when shipment conditions are verified, a use case that connects Ripple's stablecoin ambitions to a concrete commercial application. By Shaurya Malwa Mar 25, 2026, 5:13 a.m. Make us preferred on Google What to know : Ripple is piloting the use of its RLUSD stablecoin in Singapore's MAS BLOOM sandbox to automate and speed up cross-border trade payments. Working with supply chain finance firm Unloq, Ripple aims to replace manual trade finance processes with smart, condition-based settlement on the XRP Ledger. The BLOOM participation, alongside recent product expansion and an Australian license acquisition, is part of Ripple's push to position RLUSD as a regulated, programmable settlement asset for institutional use. Ripple is testing whether its stablecoin can replace the manual payment processes that have slowed cross-border trade for decades, and Singapore's central bank is giving it a sandbox to prove it. The company said in a note shared with CoinDesk on Wednesday that it is participating in BLOOM, a Monetary Authority of Singapore initiative designed to extend settlement capabilities for tokenized bank liabilities and regulated stablecoins. As part of the plan, Ripple is partnering with Unloq, a supply chain finance technology provider, to pilot a system where cross-border trade payments using RLUSD are released automatically when predefined conditions are met, such as shipment verification. Traditional trade finance is built on layers of manual verification, documentary credits, and correspondent banking relationships that can take days or weeks to settle. The Ripple-Unloq pilot uses Unloq's SC+ platform to bundle trade obligations, settlement conditions, and financing workflows into a single execution layer, with RLUSD on the XRP Ledger handling the actual money movement. Singapore has positioned itself as the regulatory testing ground for institutional digital asset use cases, and BLOOM specifically targets the infrastructure layer rather than speculative products. Getting into the program signals that MAS considers the RLUSD-on-XRPL stack credible enough for regulated experimentation, which matters more for Ripple's enterprise pipeline than another exchange listing or payments corridor ever could. This is the third significant Ripple announcement in three weeks. The company expanded Ripple Payments into a full-stack stablecoin infrastructure platform, secured an Australian financial services license through acquisition, and now has a central bank-backed pilot for trade finance. Ripple is building the regulatory and institutional credibility layer that turns RLUSD from a stablecoin with modest adoption into the settlement asset for enterprise use cases that require compliance and programmability. Meer voor jou BlackRock sees AI driving crypto’s next bull phase as altcoin interest fades Door Helene Braun , AI Boost | Bewerkt door Stephen Alpher 8 uur geleden The asset management giant's Robbie Mitchnic said clients are focused on bitcoin, ether and only a few other tokens, and aren't looking for broad exposure. Rather, they see opportunity for crypto in artificial intelligence. Wat u moet weten : BlackRock’s head of digital assets, Robbie Mitchnick, said institutional investors are increasingly concentrating on bitcoin and ether, viewing most other tokens as short-lived and largely “nonsense.” Mitchnick argued that artificial intelligence is a more powerful long-term force than the proliferation of new cryptocurrencies, with crypto serving as “computer-native money” that... Lees volledig verhaal Latest Crypto News Cardano price indicator that once preceded a 300% rally is back 6 minutes ago XRP holds near $1.41 as range tightens, breakout setup builds 32 minutes ago Robinhood reloads stock repurchase plan to $1.5 billion as shares continue in downtrend 8 hours ago Bitcoin jolted modestly higher on Iran ceasefire report; oil tumbles 4% 8 hours ago BlackRock sees AI driving crypto’s next bull phase as altcoin interest fades 8 hours ago BNY CEO says the future of crypto runs through big banks 9 hours ago Top Stories Wall Street’s crypto push has been years in the making, says Morgan Stanley 13 hours ago Circle stock plunges 20% as a new draft of the Clarity Act threatens stablecoin rewards 13 hours ago Stablecoin yield in crypto Clarity Act won't allow rewards on balances, latest text says Mar 23, 2026 Wall Street broker Bernstein calls bitcoin bottom, keeps $150,000 year-end target 16 hours ago Tether hires a 'Big Four' firm for a full audit of USDT reserves 15 hours ago New York Stock Exchange taps Securitize to build its tokenized stock platform 16 hours ago