MAS Launches Initiative to Enable Settlement of Tokenised Bank Liabilities, Well-Regulated Stablecoins

MAS launches BLOOM initiative to enable tokenized, stablecoin settlements

The Monetary Authority of Singapore (MAS) announced Thursday a new initiative – BLOOM (Borderless, Liquid, Open, Online, Multi-currency), to extend settlement capabilities offered by financial institutions. MAS said in a statement that through BLOOM, it will collaborate with the financial industry to enable settlement in tokenized bank liabilities and well-regulated stablecoins, whilst effectively managing risks in the rapidly evolving digital s…

MAS Launches Initiative for Tokenized Liabilities, Stablecoins

Singapore’s financial regulator has announced a new initiative focused on the settlement of tokenized bank liabilities and stablecoins. The Monetary Authority of Singapore (MAS) has formed a new initiative called BLOOM (Borderless, Liquid, Open, Online, Multi-currency) to enable settlement in tokenized bank liabilities and «well-regulated stablecoins», according to a statement. The BLOOM will encompass the use of G10 and Asian currencies, domest…

MAS Launches BLOOM to Advance Tokenised and Stablecoin Settlements

The Monetary Authority of Singapore (MAS) has launched BLOOM (Borderless, Liquid, Open, Online, Multi-currency), a new initiative to expand settlement capabilities among financial institutions. BLOOM will work with the financial industry to facilitate settlement using tokenised bank liabilities and well-regulated stablecoins, while promoting standardised risk management practices in the digital settlement asset landscape. BLOOM builds on the fou…

MAS launches initiative to enable settlement of tokenised bank liabilities, well-regulated stablecoins

The initiative, named BLOOM, builds on the authority’s earlier efforts under Project Orchid

Singapore Unveils New Initiative to Expand Tokenized Finance and Stablecoin Adoption

The Monetary Authority of Singapore (MAS) has launched BLOOM, a program aimed at accelerating the integration of tokenized bank liabilities and regulated stablecoins into global and domestic settlement systems. BLOOM was announced on October 16, 2025, with the goal of meeting the changing needs of the digital settlement asset sector by providing a framework for next-generation financial services.​ BLOOM draws from insights of over 10 industry ex…

Singapore launches initiative to scale tokenized finance and stablecoin use

Singapore’s MAS is setting the stage for the next level of tokenized finance with the launch of a new initiative designed to scale digital asset settlement and boost global financial systems. The Monetary Authority of Singapore (MAS) has introduced a…