Ripple Pilots RLUSD in Singapore for Faster Trade Finance Payments

Highlights:

• Ripple is testing RLUSD to speed up cross-border trade finance payments.
• The pilot uses blockchain to automate settlement after trade conditions are verified.
• Recent March moves show Ripple is expanding RLUSD for regulated business payment use.

Ripple is testing its RLUSD stablecoin in a Singapore central bank-backed sandbox. The goal is to see whether blockchain can make trade finance payments faster and more automatic. The trial is part of BLOOM, a project launched by the Monetary Authority of Singapore. It focuses on how regulated stablecoins and tokenized bank liabilities could improve modern settlement systems.

🚨 RIPPLE TESTS STABLECOIN WITH SINGAPORE'S CENTRAL BANK

Ripple is piloting its RLUSD stablecoin inside Singapore’s central bank sandbox to power real-world trade finance payments.

The system aims to automate cross-border payments by triggering transactions once trade… pic.twitter.com/S2MvTBfowI

— Coin Bureau (@coinbureau) March 25, 2026

RLUSD Pilot Aims to Automate Cross-Border Trade Payments in Singapore

As per the official announcement on 25 March, Ripple is working with supply chain finance technology firm Unloq on the pilot. The pilot aims to improve cross-border trade payments between businesses.

Right now, trade finance often moves slowly because it depends on manual checks, document reviews, and several banking steps. Under this new system, payments can be released automatically once agreed trade conditions are met, such as shipment verification or other set milestones. This could cut delays, reduce paperwork, and make global trade settlements faster and more efficient.

According to the report, the pilot combines Unloq’s SC+ trade finance platform with Ripple’s XRP Ledger and RLUSD stablecoin. Unloq’s platform brings trade obligations, settlement conditions, and financing steps into one system. Meanwhile, Ripple’s blockchain tools handle the movement of funds. If the trials deliver strong results, RLUSD could play a bigger role in the Singapore market in the future.

Fiona Murray, Managing Director, Asia Pacific at Ripple, said:

“Singapore continues to take a leading role globally in providing the regulatory clarity necessary for the digital asset space to thrive. Ripple is incredibly excited to be part of BLOOM, an initiative that perfectly aligns with our commitment to compliant, real-world utility for blockchain technology.

Monetary Authority of Singapore launched the BLOOM (Borderless, Liquid, Open, Online, Multi-currency) initiative on 16 October last year to expand settlement capabilities in the country’s digital finance system. MAS said the framework is designed to encourage innovation while also keeping risk management, trust, and interoperability at the centre.

Ripple Expands RLUSD Strategy Across Markets in March

From early March, Ripple built momentum around RLUSD and institutional payments. On 3 March, it expanded Ripple Payments into a broader stablecoin-focused platform. On 11 March, it moved to strengthen its regulatory footing in Australia through the planned BC Payments Australia deal. Moreover, on 17 March, it widened its institutional offering in Brazil. Together, these steps showed Ripple was building the licenses, infrastructure, and market presence needed to support RLUSD in real business payments.

Ripple is going all-in on Brazil 🇧🇷: https://t.co/6nyoBmE0wq

💸 Ripple Payments: $100B+ processed, 60+ markets, live with Banco Genial, Braza Bank, Nomad, Azify & more
🔐 Ripple Custody: Recently launched in Brazil with CRX
💰 Ripple Treasury: Decades of corporate treasury…

— Ripple (@Ripple) March 17, 2026

Ripple’s native token, XRP, also stayed in focus as it hovered near a key support zone after ongoing selling pressure. At the time of writing, XRP was trading at $1.42, up 0.23% in the past 24 hours. On 24 March, BitGuru said XRP was trading in an important accumulation range and pointed to a possible falling wedge, with support forming near $1.40. He added that if buyers manage to push the price above the $1.45 to $1.50 resistance area and hold it there, XRP could gain stronger upward momentum.

$XRP is moving inside a key accumulation zone after a long downtrend and recent falling wedge breakdown.

Price is now stabilizing around 1.40 support, showing signs of base formation. If buyers manage to push and hold above 1.45–1.50 resistance. pic.twitter.com/AFIZozlx3b

— BitGuru 🔶 (@bitgu_ru) March 24, 2026