NewsSignals
NewsSignals AI analysis·Via WU_BLOCKCHAIN·

Singapore, Malaysia and Thailand Central Banks Push Cross-Border Stablecoin and Tokenized Deposit Settlement

Grade Bbullish AI signal$XRP
Singapore, Malaysia and Thailand are advancing cross-border settlement using regulated stablecoins, tokenized deposits and other forms of digital money through a central bank-led initiative involving industry participants. New participants include Ripple, Visa, Mastercard, Airwallex and the World Bank Group, with efforts focused on payment-network interoperability and programmable compliance controls. The initiative could accelerate institutional adoption of digital-asset payment infrastructure, although its eventual market impact will depend on implementation and real-world usage.

Bullish strength: 65/100

  • Three central banks are collaborating on cross-border digital-money settlement.
  • Major payment companies and Ripple are joining the initiative.
  • Interoperability and programmable compliance controls could support institutional use of digital-asset infrastructure.

Bearish strength: 35/100

  • The announcement describes ongoing work rather than a completed cross-border settlement deployment.
  • The article provides no transaction volumes, adoption figures or confirmed commercial rollout timelines.

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

Read the original source ↗

← Browse more news analysis

Trade on MEXC

Related market news analysis

More recent source-attributed AI analysis in crypto.

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

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.

Key facts: XRPUSD $1.30 Support; Vol +6.5% OI -5%; 17% Fall, 8.24M Wallets

XRP is holding $1.30 support after falling roughly 17% over the past month, despite the XRP Ledger reaching a record 8.24 million non-empty wallets. Spot CFD volume rose 6.5% to $2.81 billion while open interest dropped about 5% to $2.93 billion, with long liquidations exceeding short liquidations by $4 million. XRP could recover toward $1.50 if it breaks above $1.40 alongside stronger wallet growth, but losing $1.30 could expose further downside amid whale exchange inflows and profit-taking.

Bitcoin ETFs swing back to net outflows as $636 million in withdrawals erase previous day’s inflows

U.S. spot Bitcoin ETFs suffered $635.6 million in net outflows on Thursday, their largest single-day withdrawals since June, erasing the previous day's inflows as Bitcoin slid amid broader market weakness. BlackRock's IBIT lost $254.1 million and Fidelity's FBTC shed $217.5 million, while Bitcoin fell 3.4% over 24 hours to around $81,500 and leveraged crypto liquidations reached at least $440 million. Continued ETF outflows and a break below the $80,000 support area could deepen selling pressure, although weekly ETF flows remain positive at $442.7 million and traders have increased their implied odds of Bitcoin exceeding $100,000 by Christmas.

Markets Worry About AI Valuations, Geopolitics

Global markets are under pressure as concerns over AI valuations, Middle East tensions and rising oil prices weigh on investor sentiment, with U.S. and European equity futures retreating. Brent crude climbed 1.14% to $114.46 a barrel amid escalating Houthi attacks on Saudi targets, while Bitcoin slipped 0.40% to $81,550 and gold fell 0.60%. Sustained geopolitical tensions and elevated energy prices could intensify risk aversion, potentially pressuring equities and cryptocurrencies while supporting demand for the U.S. dollar.