Ripple tests RLUSD stablecoin for cross-border trade payments

Ripple is piloting the use of its RLUSD stablecoin in the Monetary Authority of Singapore (MAS) BLOOM sandbox, collaborating with supply chain finance company Unloq. By leveraging XRP Ledger, the initiative enables conditional smart settlement, aiming to automate and accelerate cross-border trade payments. This move is part of Ripple’s efforts to promote RLUSD as a programmable settlement asset for institutional use.