NewsSignals AI analysis·The Block·Oct 23, 2026

Singapore, Malaysia and Thailand central banks expand cross-border stablecoin initiative involving Ripple, Visa and Mastercard

Grade Abullish AI signal$XRP

Singapore, Malaysia and Thailand are expanding the BLOOM initiative to test cross-border payments using regulated stablecoins and tokenized bank deposits, bringing three central banks together in a push toward interoperable digital money. Ripple, Visa and Mastercard are among the participants, with Ripple planning to test trade payments using its RLUSD stablecoin on the XRP Ledger. The expanded initiative could accelerate institutional stablecoin adoption and strengthen demand for interoperable blockchain-based payment infrastructure, though outcomes depend on testing and regulatory safeguards.

Bullish strength: 80/100

Three Southeast Asian central banks are collaborating on cross-border digital-money payments.
Ripple, Visa and Mastercard are participating in the initiative.
Ripple plans to test trade payments using RLUSD on the XRP Ledger.
The initiative targets interoperability, settlement efficiency and safeguards for regulated digital money.

Bearish strength: 20/100

The initiative focuses on testing payment systems, so broad commercial adoption is not established.
Identity checks, sanctions screening and transaction controls remain key implementation considerations.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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