Ripple joins MAS pilot in Singapore to trial RLUSD for automated cross-border settlements on XRP Ledger

Ripple has joined the Monetary Authority of Singapore’s (MAS) BLOOM pilot to test a stablecoin-powered trade finance use case, working with supply-chain finance firm Unloq to run the trial in Singapore’s central bank sandbox ^{[1] [2]}.

The pilot will test RLUSD, Ripple’s stablecoin, on a workflow that automatically triggers cross-border payments when shipment or contractual conditions are verified — replacing manual trade finance steps with an automated settlement flow ^{[1] [3] [4]}.

Ripple says the project connects its stablecoin ambitions to a concrete commercial application by executing payment settlement on the XRP Ledger within MAS’s BLOOM testing environment ^{[1] [2]}.

The trial situates RLUSD and Ripple’s ledger technology in a regulated sandbox to evaluate whether tokenized settlement can speed and automate cross-border trade payments ^{[1] [3]}.