Ripple Secures Singapore License Expansion to Boost Institutional Payment Services
Highlights:
- Ripple has secured a Singapore license to satisfy the rising demand for regulated tools across the Asia Pacific region.
- Ripple has expanded its payment scope to strengthen support for institutions that need faster cross-border settlement.
- RLUSD has also gained new approval in the UAE as it grows its presence in major regulated financial hubs.
Ripple Labs has secured approval to widen its regulated payment activities in Singapore. The company said the decision strengthens its ability to support banks and companies that move funds across borders. It noted that the expansion falls under its Major Payment Institution license held by its Singapore unit. Ripple added that the approval improves its reach across the city-state’s tightly supervised market. It expects stronger interest from financial institutions after the decision.
JUST IN: RIPPLE HAS BEEN APPROVED BY THE MONETARY AUTHORITY OF SINGAPORE TO EXPAND ITS PAYMENT BUSINESS. pic.twitter.com/id1lINGu49
— The Moon Show (@TheMoonShow) December 1, 2025
Ripple has operated in Singapore since 2017 and continues to invest in the country. The firm received its first MPI license in 2023, which allowed it to offer digital token services. The new approval builds on that license and widens the type of payment services Ripple can provide. The company said this shift aligns with rising demand for faster settlement tools. It added that more banks now seek regulated digital payment systems.
The firm said the regulatory progress supports its plan to integrate payment services with emerging liquidity tools. It also noted that the broader license helps it manage compliance across its global network. Ripple plans to build new partnerships that use its regulated infrastructure. It continues to position Singapore as a core hub for its institutional expansion. The company expects further demand from regional payment corridors.
Ripple Secures Singapore License Expansion to Strengthen Its APAC Payment Network
Ripple President Monica Long stated that the approval demonstrates the approach of transparency of the regulatory environment in the country. She indicated that the company will intensify its investment in Singapore. She further stated that institutions require reliable payment systems that facilitate international activities. Long explained that Ripple wants to fulfill that demand with broader infrastructure. She pointed out that the widened license assists the company in scaling more effectively.
Ripple Payments remains the center of this strategy. The system connects clients to on-ramps, off-ramps, custody tools, and currency conversion. It also supports collection flows and payout activities for banks and corporates. The system uses RLUSD and XRP to settle cross-border transactions. Ripple said the platform reduces delays in high-volume corridors.
The firm has been growing its institutional tools through acquisitions. Ripple recently acquired Palisade, a custody and wallet provider. The deal brings storage services under Ripple’s payment and liquidity framework. The company said the move strengthens its plan to support large clients through a unified platform. It expects this structure to appeal to firms that want integrated services.
Ripple Builds on Regional Regulatory Progress
Ripple is building regional momentum after the expanded Singapore license strengthened its institutional reach. The company said the approval helps it scale compliance across important markets. It also noted that the license supports wider integration of its payment systems. Ripple plans to align this progress with other regulated hubs. This strategy includes new developments around RLUSD. These developments gained further traction after a recent regulatory decision in Abu Dhabi.
Compliance and trust are non-negotiables for institutional finance.
That's why $RLUSD has been greenlisted by Abu Dhabi’s FSRA, enabling its use as collateral on exchanges, for lending, and on prime brokerage platforms within @ADGlobalMarket—the international financial centre of…
— Ripple (@Ripple) November 27, 2025
Ripple advanced its position in the Middle East after Abu Dhabi Global Market approved RLUSD for institutional use. The regulator recognized the token under its fiat-referenced framework, which requires strict reserve and reporting standards. The approval allows licensed firms to use RLUSD in regulated activities within the financial free zone.
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Austin Mwendia
Austin Mwendia is a passionate crypto journalist with three years of experience. He has contributed to various media outlets, covering blockchain technology, market analysis, and financial trends. He is committed to educating readers and expanding the adoption of blockchain and decentralized finance.
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