Episode Details
Back to EpisodesRipple & Singapore Bank Test RLUSD for Faster Trade Payments
Published 1 week, 2 days ago
Description
Ripple partners with Singapores central bank to test RLUSD stablecoin for expedited cross-border trade payments. The BLOOM program automates money releases, eliminating manual delays. Collaborating with Unloq, Ripple streamlines trade terms, financing, and settlements. Singapores focus on regulated digital asset testing boosts RLUSDs appeal for enterprise needs, potentially reshaping global trade settlement.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/29f2e055c5f53233