MAS Expands Project BLOOM to Three Central Banks and World Bank Group; Ripple's RLUSD Sole Token in Pilot

Singapore's Monetary Authority of Singapore (MAS) has expanded its Project BLOOM initiative, bringing the roster to three central banks, 24 industry members, and the World Bank Group. The project focuses on exploring tokenization and blockchain applications in financial markets. Ripple's RLUSD stablecoin remains the only token publicly named within a BLOOM pilot to date. Ripple announced in March that it would test RLUSD integration with Unloq as part of the program.