Original sourcetheblock.co
Summary
Project BLOOM, led by the Monetary Authority of Singapore (MAS), expanded its membership on October 23, 2026, with the central banks of Malaysia and Thailand joining as policymakers. The list of participating institutions also expanded, including not only Ripple, Visa, and Mastercard but also the W…
Key points
- Cross-border payment and stablecoin product teams can anticipate the technical and review requirements for future compliant settlement from the membership list and research scope.
- Once a multi-country framework at the central bank level takes shape, it will determine whether regulated stablecoins can become a mainstream cross-border payment rail.
- Banks, payment companies, and stablecoin issuers that do not connect to such interoperability and screening standards early may fall behind in regional cross-border business.
Editorial note
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