Ripple Joins Singapore Monetary Authority's BLOOM Project, Tests RLUSD Cross-Border Trade Settlement Solution

Ripple announced on March 25 that it has joined the BLOOM project, led by the Monetary Authority of Singapore, to explore programmable cross-border trade settlement solutions based on the RLUSD stablecoin and XRP Ledger. In collaboration with Unloq, Ripple is piloting automated trade finance and payment mechanisms aimed at enhancing transaction transparency and improving access to financing for small and medium-sized enterprises.

XRP ETF Accumulated Net Outflows of ~30.12 Million USD in March, 16% Price Pullback Risk Emerging

XRP is currently trading near $1.42, down 8% recently. Technical charts show the formation of a head and shoulders pattern. If the neckline breaks, it could decline to $1.15. ETF outflows and on-chain data indicate weakening market confidence, suggesting further selling pressure. Key support is at $1.37; a break below could trigger panic selling. To reverse the bearish trend, a close above $1.46 is needed. Investors should monitor support levels and capital flows.

XRP Joins Oil and Gold as a Major Commodity Just as XRP Price Nears Completion of Wave 4

XRP joins oil and gold as a major commodity. This happens just as XRP price nears the completion of wave 4. The 3-year Elliot wave pattern hints at the price of XRP hitting $8.5 in wave 5. As the prices of pioneer crypto and altcoin assets, Bitcoin and Ethereum, continue to trade

Ripple Pilots Its RLUSD Stablecoin in Monetary Authority of Singapore's BLOOM Sandbox

BlockBeats News: On March 25, according to CoinDesk, Ripple is piloting its RLUSD stablecoin in the Monetary Authority of Singapore's BLOOM sandbox. The pilot is being conducted in collaboration with supply chain company Unloq and will test automated cross-border trade payments triggered by cargo verification on the XRP Ledger.