Ripple to test XRP Ledger and RLUSD in trade settlements
This image was generated by AI and may not depict real events.
Ripple has joined the Monetary Authority of Singapore's BLOOM initiative to pilot its RLUSD stablecoin for cross-border trade settlements. The pilot aims to automate payments using the XRP Ledger, targeting inefficiencies that slow down trade finance for small and medium enterprises.
Ripple joined the BLOOM initiative on March 25, 2026. The company is piloting its RLUSD stablecoin with Unloq's SC+ platform to automate cross-border trade settlements. The project targets trade finance inefficiencies. Ripple's participation is part of Singapore's push toward programmable settlement infrastructure. The SC+ solution uses smart contracts on the XRP Ledger to execute conditional payments automatically. RLUSD has surpassed $1 billion in market capitalization.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.