Ripple Taps Singapore’s MAS BLOOM Sandbox To Test RLUSD Stablecoin

• Ripple tests RLUSD in the MAS BLOOM sandbox for automated trade finance payments.
• RLUSD leverages XRPL and Unloq’s tech to streamline cross-border settlement flows.
• RLUSD targets institutional use with compliant, programmable payments.

Ripple announced its participation in Singapore’s MAS BLOOM sandbox to pilot the RLUSD stablecoin in traditional trade finance. Partnering with Unloq, Ripple aims to automate cross-border payments by replacing manual settlement processes with programmable, regulated blockchain infrastructure.

Ripple Taps Singapore MAS BLOOM Sandbox To Test RLUSD Stablecoin

On March 25, 2026, Ripple announced its participation in the Monetary Authority of Singapore’s (MAS) BLOOM (Borderless, Liquid, Open, Online, Multi-currency) sandbox, a targeted initiative designed to extend settlement capabilities for tokenized bank liabilities and regulated stablecoins. 

In partnership with supply chain finance technology provider Unloq, Ripple is piloting the use of its RLUSD, a USD-pegged stablecoin, to automate and accelerate cross-border trade finance payments on the XRP Ledger (XRPL).

Ripple positions RLUSD as a programmable, compliance-focused settlement asset ideal for institutional applications such as cross-border payments, treasury management, tokenized real-world assets (RWAs), and now trade finance automation.

Ripple already maintains a strong regulatory presence in Singapore. In December 2025, the MAS approved an expanded Major Payment Institution (MPI) license for Ripple Markets APAC Pte. Ltd., broadening the scope of permitted activities. 

This latest BLOOM pilot marks Ripple’s third major announcement in roughly three weeks:

• Expansion of Ripple Payments into a full-stack stablecoin infrastructure platform.
• Acquisition of an Australian financial services license.
• Now, a central bank-backed sandbox for programmable trade finance.

By combining Unloq’s supply-chain orchestration with RLUSD’s regulated rails on the XRP Ledger, the pilot demonstrates a practical path toward reducing costs, risks, and delays in one of finance’s most critical sectors.

What’s Next For Ripple’s RLUSD And Institutional Stablecoin Adoption?

Success in the BLOOM sandbox could accelerate RLUSD’s adoption among Asian trade-heavy economies and further validate the XRP Ledger as enterprise-grade infrastructure. It also reinforces Singapore’s status as a global hub for compliant tokenization and stablecoin innovation.

Notably, institutional adoption of stablecoins has shifted from experimentation to a strategic imperative in 2026, with RLUSD emerging as a leading regulated contender tailored to enterprise needs.

For example, Ripple’s own 2026 Global Digital Asset Survey of over 1,000 finance leaders, including banks, asset managers, fintechs, and corporates, underscores this momentum:

• 72% of finance leaders say offering digital asset solutions is critical to stay competitive.
• 74% see stablecoins boosting cash-flow efficiency and unlocking trapped working capital.
• 31% use stablecoins for payments, 29% accept them, 47% plan their own solutions.
• 74% of corporates plan to work with partners that offer desired solutions.
• 97% value security certifications; 89% prioritize digital asset custody in tokenization projects.

If the RLUSD pilot achieves measurable efficiency gains, it may drive faster adoption in trade-heavy economies and deeper partnerships with banks and corporates, positioning RLUSD as a leading stablecoin and essential settlement asset in the expanding on-chain economy.

Related: Ripple Expands Brazil with Payments, Stablecoins, and VASP License