Ripple has announced its participation in the Monetary Authority of Singapore's (MAS) BLOOM program, testing the application of its RLUSD stablecoin in cross-border trade payments within its regulatory sandbox. Ripple is partnering with supply chain finance technology provider Unloq to pilot a system based on XRP Ledger that automatically triggers cross-border trade payments using RLUSD when pre-defined conditions (such as freight verification) are met, replacing the traditional trade finance process that relies on manual verification and correspondent banking relationships. The pilot utilizes Unloq's SC+ platform, integrating trade obligations, settlement terms, and financing workflows into a single execution layer, with funds flowing through RLUSD on the XRP Ledger. This is Ripple's third significant move in three weeks, following its expansion of Ripple Payments into a full-stack stablecoin infrastructure platform and its acquisition of an Australian financial services license.