Ripple Joins MAS Sandbox Pilot to Test Programmable Trade Settlement

Ripple has joined the Monetary Authority of Singapore's BLOOM initiative to pilot programmable cross-border trade settlement using its XRP Ledger and RLUSD, a stablecoin. The company made the announcement on Wednesday.

BLOOM, launched by MAS in October 2025, extends settlement capabilities using tokenized bank liabilities and regulated stablecoins. It provides a controlled environment for testing these instruments in real trade finance scenarios.

The pilot will run on Unloq's SC+ infrastructure, which consolidates trade obligations, settlement conditions, and financing workflows into a single execution layer. RLUSD payments will be released automatically when predefined commercial conditions are satisfied.