Ripple Joins Singapore’s MAS Sandbox to Pilot RLUSD Stablecoin in Trade Finance
Ripple ($XRP ) has joined Singapore’s Monetary Authority of Singapore (MAS) sandbox under the BLOOM initiative to pilot stablecoin powered trade finance using its $RLUSD token. Partnering with supply chain firm Unloq, Ripple is testing automated cross border payments that trigger once shipment conditions are verified, aiming to replace slow, manual trade finance processes.