MAS launches BLOOM initiative for digital settlement capabilities

Today’s launch of BLOOM (Borderless, Liquid, Open, Online, Multi-currency) by the Monetary Authority of Singapore marks a strategic step forward in shaping the future of digital settlement. BLOOM presents a powerful opportunity to: - Reimagine settlement infrastructure - secure the foundation!! - Strengthen innovation capabilities — participating in BLOOM trials allows organisations to experiment with real-world use cases in a regulated and collaborative environment, accelerating digital asset strategies. - Future-proof payments ecosystem — through standardised risk management approaches and interoperability, organisations can build trusted and scalable solutions for customers and partners. This initiative aligns strongly with innovation and transformation journey, reinforcing Singapore’s leadership as a trusted global financial hub. #BLOOM #tokenisation #MAS #stablecoins #Singapore #digitalsettlement

MAS today announced a new initiative –BLOOM  (Borderless, Liquid, Open, Online, Multi-currency), to extend settlement capabilities offered by financial institutions. Through BLOOM, MAS will collaborate with the financial industry to enable settlement in tokenised bank liabilities and well-regulated stablecoins, whilst effectively managing risks in the rapidly evolving digital settlement asset landscape, through standardised approaches. MAS welcomes the initial members of BLOOM who bring their collective expertise and global perspectives to the initiative. MAS also looks forward to partner additional financial institutions, industry partners and fellow regulatory bodies to advance BLOOM’s objectives. MAS welcomes banks, financial institutions, and clearing and settlement network operators to conduct trials under BLOOM. Entities can express their interest to MAS at this link:  https://go.gov.sg/kotz06 Read more here: https://lnkd.in/eqHDvs44

MAS have just announced this bold and forward looking initiative, which will enable settlement of tokenised bank liabilities and stable coins, while managing risks. If you're working in this space, how will this move facilitate your work?

Singapore, 16 October 2025… The Monetary Authority of Singapore (MAS) today announced a new initiative – BLOOM (Borderless, Liquid, Open, Online, Multi-currency), to extend settlement capabilities offered by financial institutions. Through BLOOM, MAS will collaborate with the financial industry to enable settlement in tokenised bank liabilities and well-regulated stablecoins, whilst effectively managing risks in the rapidly evolving digital settlement asset landscape, through standardised approaches.

🔴🇸🇬 MAS today announced a new initiative –🔶BLOOM  (Borderless, Liquid, Open, Online, Multi-currency), to extend settlement capabilities offered by financial institutions. 🔸Through BLOOM, MAS will collaborate with the financial industry 🔸to enable settlement in tokenised bank liabilities and well-regulated stablecoins, 🔸whilst effectively managing risks in the rapidly evolving digital settlement asset landscape, through standardised approaches. 🌐🔗 https://lnkd.in/g8SPpKmX ❇️APPENDICES See Comments section - new appendices may be added from time to time. .

Monetary Authority of Singapore (MAS) introduces BLOOM (Borderless, Liquid, Open, Online, Multi-currency) to extend digital settlement capabilities offered by financial institutions. ¡Es que la MAS siempre está adelante con su regulación! #StableCoin #FinTech

Schroders has joined the Monetary Authority of Singapore (MAS)’s 𝐁orderless, 𝐋iquid, 𝐎pen, 𝐎nline, 𝐌ulti-currency (𝐁𝐋𝐎𝐎𝐌) initiative to help pioneer the settlement of tokenised assets, such as stablecoins, in financial transactions. We will collaborate with MAS and industry peers to advance standardised approaches to settlement, to deliver greater value for our clients and stakeholders in this space.   Our involvement in BLOOM follows with the launch of our Global Digital Assets Centre of Excellence in Singapore this July, reinforcing our commitment to driving innovation and strong governance in the digital asset ecosystem. By working closely with regulators and industry groups, we will help shape forward-thinking policies and standards for the industry. Read more: https://lnkd.in/gMgRzj_e   #DigitalAssets #tokenisation #innovation 

MAS has launched the BLOOM Initiative (Borderless, Liquid, Open, Online, Multi-currency) to revolutionize how financial institutions handle settlements. Collaborating with industry leaders (like DBS, OCBC, Circle, and Coinbase) to enable settlements using tokenised bank liabilities and well-regulated stablecoins. A big step towards a more efficient, compliant, and globally-connected digital settlement ecosystem! #FinTech #DigitalAssets #Stablecoins #PaymentsInnovation https://lnkd.in/g4j4k-ew

"MAS The Monetary Authority of Singapore today announced a new initiative – BLOOM  (Borderless,  Liquid, Open, Online, Multi-currency), to extend settlement capabilities offered by financial institutions. Through BLOOM, MAS will collaborate with financial industry to enable settlement in tokenised bank liabilities & well-regulated stablecoins, whilst effectively managing risks in rapidly evolving digital settlement asset landscape, through standardised approaches.  2 BLOOM builds upon the groundwork established through Project Orchid , which explored use cases for a digital Singapore dollar & infrastructure required to support it. Established in 2021, more than 10 trials have been successfully conducted as part of Project Orchid. Insights from these trials have culminated in industry reports detailing practical RWAs. Participating financial institutions have since translated their learnings into market-ready commercial offerings.  3 BLOOM caters to growing interest among private sector participants in tokenised bank liabilities & well-regulated stablecoins as settlement assets, & encompasses: • Multiple currencies: Use of G10 & Asian currencies. • Domestic & cross-border payments: Cross-border payments & settlement. • Wholesale use cases: Examples include corporate treasury management, trade finance, & agentic payments. industry collaboration 4 BLOOM members will collaborate to address challenges & opportunities of common interest to the industry. Initial focus areas include: • Distribution & clearing of settlement assets. The aim is to coordinate disparate networks & enable the seamless use, transfer & redemption of different forms of settlement assets. Members working on this include Circle, DBS, OCBC, Partior, Stripe & UOB.  • Programmable controls to enhance & automate compliance checks. Use of standardised mechanisms for compliance checks, enable more consistency in implementations & lower cost of compliance. This will enable more cost-effective cross-border wholesale settlement arrangements. Members working on this include Ant International & StraitsX. • Agentic payments for seamless & automated transactions. This will explore tuse of AI agents that execute transactions automatically within pre-defined limits & conditions. This seeks to reduce burden of managing payments manually & optimise costs by timing transfers to when conditions are most favourable. Members working on this include Coinbase & DBS. 5 MAS welcomes initial members of BLOOM who bring their collective expertise & global perspectives to the initiative...Annex A. MAS looks forward to partner additional financial institutions, industry partners & fellow regulatory bodies to advance BLOOM’s objectives. We welcome banks, financial institutions, & clearing & settlement network operators to conduct trials under BLOOM. Entities can express their interest to MAS . " MAS extracted

Money as software — composable, multi-asset, self-executing. Monetary Authority of Singapore (MAS) just unveiled BLOOM — short for Borderless, Liquid, Open, Online, Multi-currency — a new initiative expanding settlement options in tokenised bank liabilities, stablecoins, and multi-currency digital money systems. 🌍 the #signal: A landmark move that positions Singapore as the first major regulator to formalize programmable settlement between banks, stablecoins, and AI-driven payment systems. 📈 Read the MAS release → -> https://lnkd.in/d4Es2MN9 -- 💡 If you track the intersection of AI, money, and regulation — subscribe to The Future of Money #DigitalFinance #Stablecoins #Tokenisation #Singapore #MAS #CBDC #AIpayments #ProjectOrchid #ProjectGuardian #TheFutureOfMoney 📍 thefutureofmoney.substack. com