@zion08

Ripple’s Singapore Licence Opens Doors for XRP and RLUSD Payments Ripple has secured regulatory approval in Singapore to expand its payment services using XRP and its dollar-backed stablecoin RLUSD. The new authorisation comes under the company’s Major Payment Institution licence, held by its subsidiary Ripple Markets APAC. As one of the world’s most advanced financial centers, Singapore offers a strong regulatory environment that makes it ideal for growing real-world crypto payment solutions. This approval arrives at a notable moment for Ripple’s ecosystem. XRP reached a new all-time high earlier this year, breaking a seven-year record by climbing to $3.65. But the momentum cooled, and XRP has since fallen about 45% from that peak, recently trading near $2.00. Even with market fluctuations, Ripple’s push for regulated expansion signals a long-term focus on real utility rather than short-term price movements.

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