Ripple Can Now Offer Wider XRP, RLUSD Services After Singapore Regulator Approval
Ripple has received expanded approval from Singapore’s Monetary Authority (MAS), allowing it to offer broader digital payment services using XRP and RLUSD (Ripple’s USD-stablecoin).
Key Points
Ripple can now provide full regulated payment services in Singapore — including custody, token swaps, collections, and payouts.
The approval makes XRP and RLUSD usable in institutional, regulated payment flows.
This strengthens Singapore as Ripple’s APAC hub and supports faster, cheaper cross-border payments.
Ripple is building a global regulated network, including recent stablecoin approval in Abu Dhabi.
The move increases institutional credibility for both XRP and RLUSD.
Why It Matters
Institutions (banks, fintechs, corporates) can adopt Ripple’s payment rails more easily.
Could increase regional adoption of token-based settlements across APAC and the Middle East.
Positive for XRP’s long-term utility, though market adoption remains the key factor.
