1. Ripple Tests RLUSD in Singapore's MAS Sandbox, But Full Regulatory Approval Remains Elusive
Ripple is actively testing its new stablecoin, RLUSD, within the Monetary Authority of Singapore's (MAS) regulatory sandbox, a move aimed at enabling conditional trade settlements. This testing phase represents a critical step for the firm's ambitions in the institutional payments space, yet it is explicitly not a full...