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. 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.