(2 December 2025 – Singapore) The Monetary Authority of Singapore (MAS) has broadened the permitted payment activities under Ripple’s major payment institution licence, held by its subsidiary Ripple Markets APAC Pte. Ltd. (RMA).
The expansion allows Ripple to deliver a full end-to-end payment solution in Singapore, leveraging digital payment tokens (DPTs) to settle transactions within minutes.
Monica Long, Ripple’s president, says: “This expanded license strengthens our ability to continue investing in Singapore and to build the infrastructure financial institutions need to move money efficiently, quickly, and safely.”