Singapore MAS initiative Project BLOOM advancing tokenized deposits and stablecoin payments for future digital currency innovation.
Blockchain News

Singapore MAS Powers Ahead: Project BLOOM Accelerates Tokenized Deposits and Stablecoins

The financial landscape is rapidly evolving. Today, the Singapore MAS (Monetary Authority of Singapore) has announced a significant step forward. This central bank has launched Project BLOOM, an initiative poised to transform digital finance. This project aims to support payments using tokenized deposits and regulatory-compliant stablecoins. Therefore, it marks a pivotal moment for digital currency […]