Ripple Pilots RLUSD With Singapore MAS To Automate Global Trade Payments

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What to know:

  • Ripple partners with MAS to pilot RLUSD for faster international trade payments.
  • Ripple-Unloq pilot streamlines trade finance via SC+ platform and XRP Ledger integration.
  • MAS’s BLOOM initiative validates RLUSD as a credible stablecoin for regulated experiments.
Ripple Pilots RLUSD with Singapore MAS to Automate Global Trade PaymentsRipple Pilots RLUSD with Singapore MAS to Automate Global Trade Payments

Ripple is testing whether its stablecoin can facilitate faster international payments, which could replace slow and manual international payment systems currently hindering international trade. The Singaporean central bank is providing a testing environment for the experiment, which will help Ripple prove the case for its product.

In a note issued on March 25, 2026, Ripple declared its involvement in the BLOOM initiative, which is a move by the Monetary Authority of Singapore (MAS) aimed at improving the settlement infrastructure for tokenized bank liabilities and regulated stablecoins.

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As part of the pilot program, the firm is collaborating with Unloq, a supply chain finance technology company, to test a process in which trade payments facilitated by RLUSD are automatically settled when certain requirements are met, such as verifying the shipments.

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Ripple-Unloq Pilot Simplifies Trade Finance

Currently, the process of trade finance involves a lot of checks and balances, including documentary credits and banking relationships. Ripple and Unloq have come up with a pilot called Ripple-Unloq, which simplifies the process.

The obligations, rules of settlement, and funding are grouped together as a single layer through the SC+ platform of Unloq, while the actual money transfer is facilitated by RLUSD on the XRP Ledger.

Singapore has positioned itself as a leading hub for regulated digital asset experiments. BLOOM focuses specifically on building the infrastructure for regulated assets rather than promoting speculative products.

Ripple’s acceptance into the program represents a vote of confidence from the MAS that RLUSD on the XRP Ledger is credible for testing in a regulated environment, which could be a bigger deal for the firm’s business than a new exchange listing or payment corridor.

This is the third major announcement from the firm in the last three weeks. The company has recently expanded Ripple Payments, a full-stack stablecoin platform, and has also acquired an Australian financial services license. It has also launched a central bank-backed pilot for trade finance.

With these steps, the company is positioning itself to take RLUSD from a stablecoin with moderate use to a settlement asset with the ability to process large-scale payment sets that require compliance and programmability.

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