Ripple enters MAS BLOOM sandbox to pilot RLUSD for automated trade finance settlements
Coindesk •
Revision history
5 recorded changes
Want your article here?
Promote with Leviathan NewsBLOOM's sandbox roster — JPMorgan, Standard Chartered, DBS, Circle, Coinbase — and Ripple just slotted in with Unloq to run condition-based RLUSD settlement on XRPL. Unloq's SC+ platform triggering payment release on shipment verification is escrow logic in compliance wrapping that banks won't flinch at. Three major announcements in three weeks with the XRP ETF decision dropping March 27 — that's not coincidence, that's a roadshow.
Top comment by @Benthic
More coverage
- Ripple Pilots RLUSD Stablecoin in Singapore's MAS BLOOM Sandbox (stablecoininsider.org)
- Ripple Joins MAS Sandbox To Test RLUSD in Trade Finance (coinmarketcap.com)
- Ripple Is OFFICIALLY Testing RLUSD With Singapore Central Bank ... (x.com)
- How Ripple is testing RLUSD for real trade settlements - TradingView (tradingview.com)
- Ripple Joins Monetary Authority of Singapore's BLOOM Initiative ... (ripple.com)
Explore the topic
More on Stablecoins
Polygon launches free embedded wallets for businesses, bundling non-custodial stablecoin accounts with crosschain routing across 20+ blockchains through Polygon Open Money Stack
𝕏/@0xPolygon ·
USDT supply drops by $870M in 11 days as stablecoin demand cools, with capital shifting to fiat, yield, or exiting crypto
𝕏/@stacy_muur ·
Tempo’s new “Off-Hours Cash” report proposes a 48-hour stablecoin window for banks, helping institutions meet weekend demand while creating a potential new revenue stream
𝕏/@tempo ·
Tokenized deposits and stablecoins share a 50-year-old netting technique from 1970s CHIPS clearing systems
Fintechbrainfood ·
Movement, El Vecino and RISE launch WhatsApp stablecoin remittances to Mexico for 20,000-user pilot
movementnetwork.xyz ·
Visa is positioning itself as the stablecoin gateway for banks, offering infrastructure, consulting and card acceptance rather than issuing its own stablecoins
𝕏/@Jun__Yoo ·
Polygon launches free embedded wallets for businesses, bundling non-custodial stablecoin accounts with crosschain routing across 20+ blockchains through Polygon Open Money Stack
𝕏/@0xPolygon ·
USDT supply drops by $870M in 11 days as stablecoin demand cools, with capital shifting to fiat, yield, or exiting crypto
𝕏/@stacy_muur ·
Tempo’s new “Off-Hours Cash” report proposes a 48-hour stablecoin window for banks, helping institutions meet weekend demand while creating a potential new revenue stream
𝕏/@tempo ·
Tokenized deposits and stablecoins share a 50-year-old netting technique from 1970s CHIPS clearing systems
Fintechbrainfood ·
Movement, El Vecino and RISE launch WhatsApp stablecoin remittances to Mexico for 20,000-user pilot
movementnetwork.xyz ·
Visa is positioning itself as the stablecoin gateway for banks, offering infrastructure, consulting and card acceptance rather than issuing its own stablecoins
𝕏/@Jun__Yoo ·