rewrite this title Ripple Secures Expanded Singapore MPI License, Unlocking Wider Crypto Payment Services

Key Takeaways:

Ripple wins approval from Singapore’s MAS to expand the scope of its Major Payment Institution (MPI) license.The move unlocks broader regulated crypto payment services using XRP and RLUSD across Singapore.Asia Pacific’s on-chain activity is up roughly 70% year-over-year, positioning Singapore as a core hub for Ripple’s expansion.

Ripple has secured another regulatory milestone in Singapore, receiving approval from the Monetary Authority of Singapore (MAS) to widen the payment activities permitted under its existing Major Payment Institution license. The expansion strengthens Ripple’s position as one of the few blockchain-powered companies globally operating under a full, regulated framework for digital payment tokens.

Below is a detailed breakdown of the announcement, its implications for XRP and RLUSD usage, and how Singapore’s regulatory landscape continues to shape the crypto payments sector.

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Ripple Gains Wider Regulatory Clearance in Singapore

Singapore’s MAS has approved an expanded scope for Ripple Markets APAC Pte. Ltd. (RMA), allowing the company to deliver more regulated crypto-related payment services within the country. Ripple has operated its Asia Pacific headquarters in Singapore since 2017, and the new approval deepens its long-standing relationship with the regulator.

According to Ripple executives, the growth is indicative of the Singapore leadership in developing enforceable and transparent digital-asset regulations. President Monica Long remarked that innovation always flourishes in a regulatory climate with clarity, and the wider license will provide Ripple with additional space to assist banks, fintech, and crypto companies that require an effective settlement infrastructure.

The decision also gives strength to the compliance culture of Ripple. When the world regulators are increasingly regulating crypto markets, one of the most holistic licenses in one of the largest financial centers is a big boost to the credibility of Ripple.

How the Expanded License Strengthens Ripple Payments

Ripple payments, which is the most prominent international settlement system in the company, will be a beneficiary of Singapore approval. The system integrates the digital payment tokens (DPTs), dominated by RLUSD, which is Ripple regulated stablecoin, and XRP with a network of global payouts to provide rapid and low-cost transparent cross-border payment.

Under the broadened license, Ripple is capable of expanding a number of services that are in demand:

End-to-End Digital Payments

Ripple Payments combines collection, holding, swapping of FX, and payout into one workflow. This substitutes disjointed partnerships and decreases the complexity of onboarding. The customers do not need to have many banking relations or invest in new infrastructure to process DPTs.

Ripple also takes care of all blockchain transactions under the carpet, so clients can roll out digital payment products without developing internal crypto infrastructure. This end-to-end structure is a major benefit to those banks and fintechs that do not cope with technical and operational layers of blockchain settlement.

Faster Settlement Using RLUSD and XRP

The two tokens have the capability of settling cross-border payments within minutes, which is a solid option to the old systems that depended on intermediaries. XRP has been one of the limited number of digital assets that have continued to be utilized in providing liquidity in the real world and RLUSD offers a stablecoin that has institutional protections.

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