Catenaa, Tuesday, December 02, 2025-Ripple has received approval from Singapore’s Monetary Authority to expand payment operations through its subsidiary Ripple Markets APAC.
This would allow the firm to offer regulated services using XRP and its RLUSD stablecoin.
The move also aims to enhance infrastructure for faster, more efficient cross-border payments in the region.
The approval permits Ripple to operate under Singapore’s regulatory framework, offering financial institutions and corporate clients a legal avenue to conduct payments with digital assets.
The firm said the expansion will help reduce transaction times and costs while supporting wider adoption of blockchain-based settlement solutions.
Ripple’s RLUSD stablecoin is designed to facilitate predictable, stable-value transfers across borders, complementing XRP’s liquidity features.
The company emphasized that the Singapore launch is part of a broader strategy to strengthen its presence in Asia and build partnerships with local banks and payment providers.
Industry analysts said the regulatory green light is a notable step for Ripple in Southeast Asia, where fintech regulation is increasingly accommodating digital currencies.
By aligning with local rules, Ripple can provide secure on-chain payments and stablecoin settlements, potentially positioning Singapore as a hub for crypto-based cross-border transactions.
