Ripple has announced plans to test RLUSD for cross-border trade payments within the Monetary Authority of Singapore's BLOOM sandbox. According to NS3.AI, the pilot will be conducted in collaboration with Unloq on the XRP Ledger, utilizing preset conditions like shipment verification to automatically trigger payments. Ripple aims to streamline trade finance workflows by eliminating manual checks and correspondent banking processes.
RLUSD
1.0007
+0.01%
XRP
1.3526
+1.87%