Dec 2, 2025
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Ripple Expands Singapore License to Enhance Global Payments and XRP Utility
On December 1, 2025, Ripple announced a major regulatory upgrade in Singapore to enhance global payments using XRP. This expansion of its Major Payment Institution (MPI) license allows Ripple to offer an integrated payments platform for cross-border transactions.
Key Developments
- The Singapore MPI license enables Ripple to handle fund collection, secure custody, token conversion, and payouts within a unified framework.
- XRP and Ripple’s stablecoin RLUSD are embedded into the system, ensuring compliance and transparency across international operations.
- This positions Ripple as a comprehensive solution for banks, corporates, and fintechs by managing regulatory compliance and technology infrastructure.
- Ripple is expanding geographically via partnerships, such as with Bahrain Fintech Bay, to establish liquidity corridors and engage with regional regulators.
- The company received $500 million in funding, valuing it at $40 billion, aimed at scaling payment infrastructure and enhancing enterprise tools.
XRP's Role
- XRP serves as the settlement engine, offering instant liquidity and rapid transaction settlements.
- It addresses high-friction payment corridors, especially in regions like Africa and Asia-Pacific, replacing traditional banking chains with XRP-enabled systems.
- The Singapore MPI upgrade provides a regulated platform for deploying XRP-powered payment solutions across high-growth areas.
Overall, these initiatives illustrate Ripple's strategy to expand regulatory clarity, deploy robust infrastructure, and demonstrate real-world utility of XRP in cross-border payments.
