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Ripple announced Wednesday it had joined Singapore’s Monetary Authority of Singapore BLOOM initiative alongside supply chain finance firm Unloq, targeting programmable cross-border trade settlement using the XRP Ledger and its enterprise stablecoin RLUSD. The news lands as XRP climbs 2.6% to $1.46, recovering from a support zone that technical analysts say has become one of the most significant levels on the chart.
What the MAS BLOOM Pilot Actually Does
MAS launched BLOOM — Borderless, Liquid, Open, Online, Multi-currency — in October 2025 to extend settlement infrastructure using tokenized bank liabilities and regulated stablecoins. Ripple and Unloq are now putting that framework to a live test.
The pilot runs on Unloq’s SC+ platform, a smart-contract-driven trade finance system that bundles trade obligations, settlement conditions, and financing workflows into a single execution layer. RLUSD payments are released automatically when predefined commercial conditions are met — removing the manual verification steps that slow conventional cross-border settlement.
The stated goals are practical: better visibility into settlement risk and improved trade-finance access for smaller businesses, which are typically priced out of efficient cross-border financing. Digital settlement assets used in the pilot include both stablecoins and tokenized bank liabilities.
The pilot follows December 2025, when MAS approved an expanded scope of payment activities for Ripple Markets APAC — the company’s Singapore subsidiary — under its major payment institution license.
Singapore’s Broader Tokenization Push
The Ripple-Unloq pilot is one piece of a much larger agenda. In November 2025, MAS announced plans to issue tokenized MAS bills to primary dealers, to be settled via its wholesale central bank digital currency. A day later, it updated its Guide on Digital Token Offerings to clarify how Singapore’s Securities and Futures Act applies to tokenized capital market products, adding case studies, disclosure expectations, and pilot criteria.
Singapore is systematically connecting payments, settlement, and capital markets through tokenized infrastructure. BLOOM is one of the most active frameworks within that build-out, and Ripple’s inclusion signals that XRPL and RLUSD are being evaluated as viable rails for regulated institutional use.
XRP Price: Holding a Level That Keeps Mattering
While the institutional news develops, XRP’s price structure is drawing attention from technical analysts. Crypto analyst Dark Defender flagged the current zone as one of the most significant on the chart, noting that XRP has returned to the same support level multiple times with consistent reactions.
In analysis published roughly 22 hours earlier, Dark Defender outlined that XRP was completing a five-wave corrective structure — a pattern that typically marks the end of a correction rather than the beginning of further downside. XRP was also trading inside an expanded triangle pattern while holding above key Fibonacci support levels. Expanded triangles generally precede large directional moves, with the asset testing support repeatedly before the next trend takes hold.
XRP’s recent weakness was tied partly to market-wide uncertainty following geopolitical tensions after President Trump issued a major warning to Iran, which weighed on risk assets broadly. The 2.6% recovery to $1.46 as conditions stabilized suggests buyers are returning to the same zone that has absorbed selling pressure across multiple tests.
Also Read: Evernorth Files for Nasdaq: Is XRPN About to Revolutionize XRP Investment?
Ripple’s entry into the MAS BLOOM framework moves RLUSD and XRPL further into regulated institutional infrastructure, with Singapore continuing to build one of the most deliberate tokenization environments globally. On the price side, XRP’s repeated defense of a key support level under a defined technical structure gives analysts a clear reference point for what comes next. Both storylines are in early stages — but neither is moving randomly.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
