Ripple Secures Expanded Singapore License to Boost XRP and RLUSD Payments

Source: ETHNews Original Title: Ripple Secures Expanded Singapore License to Boost XRP and RLUSD Payments Original Link: Ripple has received a significant regulatory upgrade in Singapore after the Monetary Authority of Singapore (MAS) approved an expansion of the company’s existing Major Payment Institution (MPI) license.

The approval, granted to Ripple’s Asia-Pacific subsidiary Ripple Markets APAC Pte. Ltd., clears the way for the firm to offer a wider suite of regulated payment services, many of which leverage XRP and the company’s newly launched stablecoin, RLUSD, for cross-border settlement.

The expanded authorization allows Ripple to deepen its institutional offerings across the region. With the upgraded MPI license, the company can now provide regulated services that include collections, holdings, swaps, and payouts, enabling financial institutions to integrate Ripple’s payment rails and on-chain liquidity tools at a broader scale.

Ripple positioned the approval as a major step toward strengthening its global payments network, especially across Asia-Pacific, where digital asset adoption continues to accelerate.

Singapore remains one of Ripple’s most important global hubs, and the company has frequently emphasized the city-state’s role in shaping its regulatory and commercial strategy. Ripple President Monica Long highlighted that Singapore’s transparent regulatory environment creates the type of foundation institutions need when adopting new digital asset infrastructure. According to Ripple, the region’s on-chain activity has grown by more than 70% year-over-year, underscoring the demand for faster, token-powered financial services.

The license expansion also aligns with Ripple’s recent strategic momentum. The company has made several targeted acquisitions this year and secured regulatory approval for its RLUSD stablecoin in Abu Dhabi, signaling a broader push to integrate compliant, tokenized payment solutions into global markets. Ripple’s leadership believes that combining strong regulatory frameworks with scalable on-chain assets like XRP and RLUSD will unlock a new phase of institutional participation in cross-border finance.

With the MAS approval now in place, Ripple is positioned to scale its payment products across the Asia-Pacific region and deepen its role in the evolving digital asset economy.