Ripple Joins Singapore Monetary Authority's BLOOM Project, Tests RLUSD Cross-Border Trade Settlement Solution
Ripple announced on March 25 that it has joined the BLOOM project, led by the Monetary Authority of Singapore, to explore programmable cross-border trade settlement solutions based on the RLUSD stablecoin and XRP Ledger. In collaboration with Unloq, Ripple is piloting automated trade finance and payment mechanisms aimed at enhancing transaction transparency and improving access to financing for small and medium-sized enterprises.
XRP1,57%
GateNews·3h ago
