Ripple Joins MAS BLOOM Program to Pilot RLUSD Trade Payments

Ripple said it joined the Monetary Authority of Singapore’s Project BLOOM with Unloq to develop a viable model for innovative, interoperable cross-border trade settlement infrastructure in Singapore. The initiative will use RLUSD and XRP Ledger as part of the payment flow, while Unloq’s platform is intended to support programmable settlement mechanics for trade payments.

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