Ripple is taking a bold step toward modernizing global trade by testing whether its stablecoin, RLUSD, can eliminate the slow, manual processes that have long defined cross-border payments.
The initiative is part of a regulatory sandbox led by the Monetary Authority of Singapore under its BLOOM program, an effort focused on advancing settlement infrastructure using tokenized bank liabilities and regulated stablecoins.
🚨🇸🇬Ripple beteiligt sich an der BLOOM-Initiative der singapurischen Währungsbehörde und arbeitet mit Unloq zusammen, um grenzüberschreitende Handelsabwicklungen mit XRP Ledger und dem Stablecoin RLUSD zu erproben. #xrp pic.twitter.com/Q9T5QorNTf
— XRP Deutschland (@xrp_deutschland) March 25, 2026
A new approach to fixing trade finance delays
Ripple is collaborating with Unloq to test a system that automates trade payments. Instead of relying on paperwork, intermediaries, and delayed approvals, payments are triggered instantly once predefined conditions, like shipment verification, are met.
This pilot runs on Unloq’s SC+ platform, which integrates trade obligations, financing workflows, and settlement rules into a single programmable layer. The actual transfer of funds is handled via the XRP Ledger, enabling faster and more transparent execution.
The BLOOM pilot is one of several recent institutional achievements for RLUSD, which has seen its market capitalization surge from $132 million at its December 2024 launch to approximately $1.56 billion today. Further solidifying its position, RLUSD was listed on Binance in January 2026, offering XRP and USDT trading pairs along with portfolio margin support.
Singapore’s sandbox signals institutional confidence
Singapore continues to position itself as a global hub for regulated digital asset innovation, and Ripple’s inclusion in the BLOOM program highlights growing institutional confidence in its technology stack.
Unlike many crypto initiatives that focus on trading or speculation, BLOOM is designed to test real-world financial infrastructure. For Ripple, this distinction is critical. Being selected suggests that regulators view its RLUSD-powered system as credible enough for enterprise-grade experimentation.
The development also marks Ripple’s third major announcement in recent weeks. The company recently expanded its Ripple Payments solution into a full-stack stablecoin infrastructure platform and secured a financial services license in Australia through acquisition.
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